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Trichet Giveth and Draghi Taketh Away

posted by Avatar EJSuratos 168 days ago in USD, EUR, Special made popular 168 days ago

In a surprising turn of events, Mario Draghi, the new ECB President, announced on Thursday that they have decided to cut rates by 25 percentage points. While some market participants already expected Draghi to reverse former ECB President Trichet's monetary policy, they did not expect what came with it...
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