Rimani 
Condizioni di trading
Strumenti
On Thursday, July 18, the European currency experienced a sharp decline amid the latest news about a possible revision of the inflation target. The information came from the European Central Bank (ECB), whose head, Mario Draghi, announced a potential reduction in interest rates if the current situation does not improve.
The dynamics of the euro after M. Draghi's reports deteriorated significantly: experts recorded a drop to $11204 compared to $11230 a day earlier. The EUR/USD pair fell 0.2% from the closing level on Wednesday. This week, the European currency fell by 0.6%, losing the growth of last week.
The head of the ECB was supported by Benoit Coeure, member of the regulator's board. He said on Wednesday that in order to preserve the economic balance, the decision voiced by M. Draghi is quite realizable. The revision of the inflation target is possible within the next few months, B. Coeure confirmed.
The change in the inflation target of the ECB contributes to the depreciation of the euro against the US currency and reduce bond yields, analysts say. The current situation creates prerequisites for the long-term use of stimulating monetary programs of the regulator. Their successful completion in the short term remains questionable. Experts warn potential buyers of the euro about the risks and recommend to monitor the further actions of the European regulator.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
