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Draghi comments weigh on euro

May 30, 2017 3:44 AM ETFXE, ERO-OLD, URR, DRR, ULE, EUO, EUFXBy: Yoel Minkoff, SA News Editor2 Comments
  • The euro is eyeing a fourth straight day of declines as comments from Mario Draghi keep the currency under pressure.
  • The ECB president signaled the central bank is not yet ready to unwind its fiscal stimulus despite better economic growth across the eurozone.
  • He's "firmly convinced" the bank should stick with its support measures, including €60B of monthly bond purchases.
  • Euro -0.3% to $1.1129.
  • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR

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