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  • IronFX UUIIFXBR
    Analysis and Opinion » Daily Commentary 23/01/15
    IronFX - January 23, 2015, 08:29 GMT

    Draghi pulls out a European bazooka ECB President Draghi Thursday announced a larger-than-expected quantitative easing (QE) program, sending the euro down sharply and pushing Eurozone bond yields to record lows. I expect the program to continue to exert downward pressure on the euro, particularly if SYRIZA wins Sunday’s election in Greece and US rate expectations