Trades at lowest level since December ECB rate decision
The EURUSD has cracked the swing lows from and December at 1.0795 and 1.0801 respectively and trades at the lowest level since the ECB rate decision on December 3rd. That was the day that rates were cut, QE was extended in time, but QE was not increased in size. The EURUSD had a 450 pip range for the day.