draghi

ECB President Draghi revealed his bond-buying plan, named 'Monetary Outright Transactions', similar to the plans leaked to the press Wednesday. While the market did rally Wednesday on the rumour, the EURUSD (FXE) has sold off from the high Thursday. There is probably more than one reason for...

Toward the end of Summer, the Federal Reserve District of Kansas City hosts a central bankers meeting at beautiful Jackson Hole Wyoming. It was at this venue that Fed Chairman Bernanke announced in 2010 that he was about to embark on QE2. The effect of this stimulant was short lived. Now the...