Tag: EURCHF 1.20

January 02, 2015 BY LeapRate Staff

Euro begins the year dropping toward the magic 1.20 line

Well that didn't take long. On the first trading day of 2015, ECB President Mario Draghi's comments sent the Euro plummeting toward the 1.20 line. Draghi told German newspaper Handelsblatt that more easing action was likely early this year, as the risks of deflation well outweighed those of inflation. With the Eurozone in a continued economic funk,…

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