Draghi comments ECB forward guidance might weigh on Euro

Source: Bloomberg
© Scanpix/RS
The European Central Bank President Mario Draghi announced that the forward guidance might weaken the Euro and lower inflation-adjusted interest rates in order to align growth in price level with the bank's 2% target. The shared currency advanced 7.2% versus the U.S. currency in the past year, and posted a 7% gain against the basket of major peers. 

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