Craig Erlam, Senior Market Analyst at Oanda says the sharp rally in the EUR on the back of slight hawkish tilt from Draghi indicates the market really wants to be long on the Euro right now. Erlam sees scope for a rally to 1.15-1.16 levels.
Check out the full segment as Erlam also shares his view on the USD/CAD pair. The segment is hosted by Tip TV Presenter Zak Mir.
Oanda’s homepage: www.oanda.com