Central Banks are so sensitive these days

Just when you think you’re being extra cautious, all of a sudden the price drops out from under you. That’s what happened to EU Central Bank President Mario Draghi. By all accounts he was trying to balance the strength of the European economy with the belief that monetary support was still needed, but in these times anything bordering on hawkish is a currency catalyst.

https://www.bloomberg.com/news/articles/2017-06-28/draghi-s-prudence-warning-confirmed-by-reaction-to-his-own-words

https://www.ft.com/content/bc27e6e2-5ae1-11e7-9bc8-8055f264aa8b

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