08, April 2013

EUR/USD (a 4-hour chart)

EUR/USD (a 4-hour chart)

On Friday, April 5, euro continued to show a very aggressive growth without succumbing to weak macroeconomic statistics on retail sales in February in the Eurozone.

Players seem to completely customize the optimism after the ECB meeting, which, however, did not bring anything new to the markets.

Mario Draghi again hastened to reassure the traders that the risks will be gradually reduced in the economy in the second half of 2013, and the Eurogroup will be more alert to any warning signs.

The fact that no one mentioned possible new measures to ease monetary policy in Europe a bit upset the market, but players have decided not to worry about it.