The Traderszone Network

Published in TZ Latest News 13 May, 2014 by The TZ Newswire Staff

EUR Slides To 1.37 On ECB June Action Jawboning, Bundesbank Edition

Just in case the EURUSD didn’t price in enough of the possibility of a June ECB rate cut (because with even Goldman saying no, there is zero chance Draghi will engage in QE) disclosed last week when Mario Draghi broke the ECB’s cardinal rule and gave a hint at what is coming next month, an hour ago the WSJ, citing a “person familiar” and we would add likely person who also happens to be short the EURUSD, helped double down on the end of forward guidance (since going forward mark

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