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Market Wrap: Euro Stole the Show after Merch's Dovish Comments

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Jan 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Euro ended up being the top mover today, falling sharply against dollar and sterling after surprised comments from ECB council member Mersch. Mersch pointed out there are "certainly downside risks to economic activity" and ECB should exercise caution as such risks to economic growth increases. Mersch also said that he...

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