EUR/USD Whipsaws as the ECB Announces Pandemic Purchase Programme
Direct from the desk of Dane Williams,
This is not your average forex broker blog.
Christine Lagarde:
"Extraordinary times require extraordinary action. There are no limits to our commitment to the Euro. We are determined to use the full potential of our tools within our mandate."
Didn't take Lagarde long to have her own "whatever it takes" moment as head of the ECB.
A €750 BILLION, PANDEMIC PURCHASE PROGRAMME.
Yes, that's a real thing.
EUR/USD Daily:
Well hey, at least it helped EUR/USD to hold daily support for another couple of hours.
Awesome.
Best of probabilities to you,
Dane.
@forexbrokr | Steem Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr