Over $1000 in 11 minutes!

ECB President Mario Draghi's Press Conference

On September 3 2015, a press conference by ECB President Mario Draghi took place. During the press conference, Draghi reported that the ECB had downgraded its GDP growth forecast for 2015, cutting it by 0.1% in relation to the previous forecast, and had lowered its inflation forecast for the euro area in 2015 to 0.1%. This caused some pessimism, which resulted in the weakening of the euro.

The EUR/USD currency pair dropped by 106 pips in 11 minutes, which allowed to make $1060 by a sell position, with trading one lot.

ECB President Mario Draghi's Press Conference

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