Forex Trading: Euro Tumbles Following Draghi Comments
Posted on February 08, 2013 at 03:10 AM EST
Euro Tumbles Following Draghi Comments Comments from ECB President Draghi yesterday, in which he stated that euro-zone economic growth may slow down, resulted in the euro tumbling against most of its main currency rivals. Draghi’s comments also had a negative impact on gold prices, which fell more than $14 an ounce during afternoon trading. Today, [...]

Euro Tumbles Following Draghi Comments
Comments from ECB President Draghi yesterday, in which he stated that euro-zone economic growth may slow down, resulted in the euro tumbling against most of its main currency rivals. Draghi’s comments also had a negative impact on gold prices, which fell more than $14 an ounce during afternoon trading. Today, the main piece of economic news is likely to be the US Trade Balance figure, set to be released at 13:30 GMT. A worse than expected figure could … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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