Spreadex Market Update
Markets trade higher
However the Euro has fallen against the US Dollar.
Risk off trade has slowed down today as these stimulus hopes boost investor confidence.
The ECB’s message last week that Mario Draghi would do whatever it takes to preserve the Euro has done the trick so far but quite high expectations have been made by such a bold statement.
We will have to wait and see if Draghi is as true to his word as he seems to be.
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