Draghi Q&E: no fixed timeframe for ‘medium-term’ concept

Draghi taking questions at presser: 

  • ECB’s Draghi: QE won’t stop suddenly

EUR/USD stays depressed near lows, ECB’s Q&A is underway

After bottoming out in the 1.1740 region, EUR/USD managed to regain some attention and is now re-testing the 1.1760/70 band. EUR/USD found dip-buyers
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Draghi Q&E: "is this called tapering?"

Draghi taking questions at presser:  This is a downsize. Consistent with feedback rule. Not tapering.
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