European Central Bank President Mario Draghi Speaks
Mario Draghi is the president of the European Central Bank (ECB). He speaks at various events and gives speeches or press conferences with questions and answers sessions. His opinions are very important for the Euro because Draghi, as the president of the ECB, is the most influential person to decide on the monetary policy of the Central Bank. Forex traders try to read the clues in Draghi's speeches. Therefore, the forex market, and particularly the Euro pairs, become considerably volatile during his speeches. Although, it should be noted that not all of his speeches are in relation to the monetary policy. Sometimes he speaks in conferences or conventions about topics such as central banking which does not relate to the monetary policy and interest rates. During such occasions, the market tends to ignore him.