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What to Expect From ECB

Today we have ECB interest rate decision and later Draghi's press conference which is a big risk event for the euro and it has the ability to move markets more than usual and can initiate some big movements however market expectation for today meeting are very neutral and there is not so much expectation for ECB to act this month as many sees Jun more appropriate for the ECB to take action.
Recent EUR/USD strength has been due to a lot of factors and mainly because:
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mag avatar
mag 8 5月

Absolutly agree

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The Case for a Multi-Year USD Bullish Trend.

There are many structural reasons that support a dollar bullish trend in the coming years. The outstanding US Dollar short positions are enormously. And a bearish trend doesn't stops because there will be a mythical big buy position that will reverse the trend.
A bearish trend will reverse when all the
sellers who wanted to sell are in the market and there is no one left to sell. The same is the case with a bullish trend which will not reverse because some huge sell will come in the market but b…
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