Market News Briefing – Oct. 21st 2016 08:05 (GMT+1)


The Euro fell to its lowest level in seven months against the US dollar, in light of the remarks made by European Central Bank head Mario Draghi which weakened the Euro and boosted the dollar.

Draghi sign that the policy makers may extend its bond purchase target beyond the date set for March.
He also denied earlier reports that the central bank is considering to reduce the volume of quantitative easing, and with that he provided another signal to sell Euros.


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