Belgium Consumer Confidence Index: -4 (January) vs previous -3

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Draghi: ECB will “possibly reconsider” its policy stance at its next meeting

“Inflation rates are currently expected to remain at very low or negative levels in the coming months and to pick up only later in 2016” Draghi said. He expressed concern the inflation outlook and signalled that more quantitative easing might be in store when the central bank meets in March. Draghi signals that the ECB will review and “possibly reconsider” its policy stance at its next meeting as global market turmoil raises downside risks.
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Draghi does it again, EUR/USD below 50-DMA

The ECB President Draghi jawboned EUR again, pushing the EUR/USD pair well below its 50-DMA located at 1.0821.
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