OctaFX | OctaFX Forex Broker
Open trading account

ECB's Draghi: Euro source of stability amid geopolitical risks

FXStreet (Łódź) - The ECB head suggests that the euro could be the source of stability amid current geopolitical tensions.

• Lithuania's decision to adopt the euro suggests the currency is attractive.

• Developments in Baltic States prove that reforms are possible without devaluation.

• If inflation target was at risk, further unconventional policy tools could be used.

• "We stand ready to alter size or composition of our unconventional interventions."

Spain Producer Price Index (YoY) fell from previous -0.5% to -0.6% in August

Read more Previous

AUD/USD sell on rallies – OCBC Bank

Emmanuel Ng, FX Strategist at OCBC Bank, recommends selling the pair on AUD strength...
Read more Next
Start livechat