The euro rose during Mario Draghi's speech, where he said the global economy is accelerating its recovery, and in some countries like the United States this process has been seen for several years. For comparison in the countries of Europe and Japan, the consolidation and recovery of the economy is at an earlier stage.
Expectably, Mario Draghi did not emphasize monetary policy in the eurozone, but said that the world monetary policy is too expansive and that is why regulators should be careful with the incentives.
"In order to bring more dynamism to the world economy, we must increase the potential of growth in production, and this could only happen if countries close to the technological frontier are open to trade with less developed countries"
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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