It was no surprise that the European Central Bank left interest rates unchanged today. Investors were focused on ECB President Draghi’s monetary policy bias and by taking a look at the price action, it should be clear that he was not hawkish enough. However, there was quite a bit of volatility in the euro after the monetary policy announcement and not all of it had to do with the rate decision. Going into the monetary policy decision, some investors were looking for the ECB to hint at a June or…
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