Euro 14 Month Highs Despite Dovish ECB Draghi

#10412
ThePitBoss
Participant

[quote=”HeidsterTrades” post=129]So dovish yet so many people are willing to pay up. I guess people think the European economy is cured. Probably have to thank TheTrump for part of this move as well. Something to keep in mind before mortgaging the house to buy Euro is that EU data usually lags the US. My two cents![/quote]

Indeed the latest Russian comment sent the USD down and the ES too – except the ES recovered. Does that mean the ES investors don’t care or was today’s currency move more exiting the US dollar for other reasons?