ECB couldn’t discourage EUR/USD bulls
While investors wonder whether Mario Draghi has lost touch with markets or has been replaced by an understudy at the press conference following the Governing Council’s meeting in June, the ECB is sending a clear signal. Despite all the troubles challenging the euro-area economy, the central bank is still optimistic. It has increased the forecasts for the GDP outlook and inflation in 2019 from 1.1% to 1.2% and from 1.2% to 1.3%, and the super Mario notes that strong employment and wages growth keep the euro-area economy stable. Yes, the risks remain tilted to the…
Read full author’s opinion and review in blog of #LiteForex