What ECB President Mario Did For EURUSD Along The Past 4 Years

5 January 2015, 07:12
Andrius Kulvinskas
0
157

With the start of a new year and during the first Monday of 2015, EURUSD did fall in a super fast way after the gap from 1.195 to 1.1861 Where ECB Ex President Jean-Claud Trichetsaved the EURO in 2010.

Who know maybe Trichet before leaving the ECB placed pending orders at 1.1861 in caseMario fail to hold the price above 1.18... from 2010 till 2015 nothing changed & EURUSDprice still at the same level 1.18 reflecting a fail after a fail for Euro to hold above 1.30 & show strength. 

Mario Draghi succeeded Jean-Claude Trichet as President Of The European Central Bank In 1 November 2011Trichet was braver than Mario by pushing EURUSD to  1.49 in May 2011 where Mario max advance he scored was 1.39 in May 2014 

Who knows, maybe the Euro need a new president soon.

Share it with friends: