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EUR/USD drops to two-year low on dovish Draghi

EUR/USD opened at 1.2507 before falling in response to Draghi’s comments to a fresh 26 month low of 1.2395

By Richard Nehme | Nov. 7, 2014 10:18 GMT
Euro continues to benefit from weaker USD
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EUR/USD opened at 1.2507 before falling in response to Draghi’s comments to a fresh 26 month low of 1.2395. The pair closed not far from this number and has opened this morning around the same level of yesterday’s low. The pair are sure to react to this afternoons Non-Farm report from the US at 1.30pm this afternoon [...]

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