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Thursday, October 2, 2014

Eurozone Exports Gear Up For Currency Advantage



Investor's Business Daily - Investing RSS http://ift.tt/1rBi1Vb Europe's markets groaned lower Thursday following comments by European Central Bank President Mario Draghi. The euro staged its largest gain against the dollar since May as traders were apparently disappointed in the lack of detail in Draghi's outline of a two-year stimulus effort to begin in mid-October, Bloomberg reported. Draghi said that the ECB would purchase assets to bring its balance sheet back in line with 2012 levels. The assets would


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