Day: March 8, 2018

EUR/USD Plummets on Draghi Speech After ECB Rate Decision

The EUR/USD currency pair today plummeted to new lows following comments made by Mario Draghi regarding weak inflation in the euro area. The currency pair retraced all the gains it had made after the European Central Bank left its monetary policy intact at today’s meeting. The EUR/USD currency pair lost over 100 points as it plummeted from a high of 1.2446 to hit a low of 1.2340 at the time of writing. The currency pair […]