Draghi speech: No personal preference on QE decision

Mario Draghi, President of the ECB, is responding to questions from the press, with key headlines, via Reuters, found below:

• No personal preference on QE decision
• Did not discuss scarcity
• We've given evidence we're able with scarcity issue
• Confident that when decision comes, will be able to exploit app flexibility

Key notes:

EUR/USD through 1.2000 on Draghi’s presser

The sentiment around the single currency remains positive so far today, with EUR/USD testing daily highs above 1.2000 the figure.

EUR/GBP hits two-week lows and quickly recovers to fresh session tops

As the ECB presser got underway, the EUR/GBP cross refreshed two-week lows but quickly rebounded back to hits fresh session high level near the 0.9175-80 region. 

ECB's press conference

Following the ECB´s economic policy decision, the ECB President gives a press conference regarding monetary policy. His comments may influence the volatility of EUR and determine a short-term positive or negative trend. His hawkish view is considered as positive, or bullish for the EUR, whereas his dovish view is considered as negative, or bearish.