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Showing results for tags 'ecb president'.
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Mario Draghi has had such an impact on the Euro and the state of finances in the Euro zone that congress services had cut wi-fi signals and frequency inhibitors to stop the words of Draghi from leaving the closed room and becoming public. The man that describes himself as European first, Italian second has come to pass as a signal for forex traders to initiate positions on the Euro and its related currency pairs depending on whether his remarks and attitude be hawkish or dovish. He stressed the resurgence of the Euro and it soared a couple of weeks back and then he talked extensively about the need to prevent the Euro from rising too high and it hit some record lows. Super Mario as he has come to be called by fellow Europeans ignited fears across the continent when he became the front runner for the ECB job as inflation and Italians are such a happy couple. The good thing is his measures have been quite in contrast to this. The one thing that puts Draghi apart is his "international mentality". Draghi was one of the people who helped in getting the Euro of the ground in the first place. Anyway, I am going to use this thread to keep you in the loop on Draghi and the fate of the Euro.
