The ECB president Mario Draghi is due to make a speech in about 20 minutes at the Portuguese President´s Council in Lisbon. He will obviously talk about the economic and financial situation in Europe. The Euro traders are getting nervous and the Euro is losing ground against the US Dollar but the 1.1330s support level remains intact. The price touched that level a few minutes ago but it got rejected once again. We´ll see if it gets broken when Draghi steps up.
Euro traders are getting nervous ahead of Draghi´s speech
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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