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Thursday 19 January 2017

DailyFX European Market Wrap: Euro Trips Over Draghi's Inflation Warning: 1/19/17: Forex News by DailyFX

Published on 19 Jan 2017
European markets ended the Thursday session higher after the European Central Bank, as expected, left interest rates unchanged. ECB President Mario Draghi made it clear that the bank was ‘ready’ to boost the asset purchases in both size and duration if needed. Eurozone inflation rose sharply in December which has led to speculation that the ECB may begin withdrawing its stimulus program.

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