ECB head Draghi still holding his Q&A 8 March
- European market volatility as much due to central bank comments
Once upon a time CB's used to lead not follow huh. ECB certainly not the only CB changing its strategy.
On recent Italian election:
- market reaction was similar to recent votes in Europe
- protracted instability may undermine confidence
- euro is irreversible
EURUSD still retreating and now 1.2390 as USD demand returns generally.
GBPUSD 1.3873 after capping around 1.3900 with large option interest supply up there and int 1.3920 as I highlighted in my earlier post.
