Draghi: ECB negative interest rate policy has been a success

Attending the Institute of International Finance (IIF) conference in Washington today

• “Well past” reference in the guidance is important
• Negative rate policies haven’t badly hurt bank profits
• (“Well Past”guidance)Reinforces Stimulus From QE & Low Rates
• Extremely important to keep interest rate expectations anchored

So far EURUSD has moved 10 pips between Brainard,Powell, Praet and Draghi 1.1836 to 46… The wave , where is the wave ?

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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