European Session – Euro slips to 10-day low as ECB meeting comes into focus
Posted on October 19, 2015 at 2:21 pm GMTThe euro was one of the worst performing major currencies on Monday, slipping to a 10-day low against the dollar. The single currency has been declining since its reversal from the 1.1500 level last week and it would be difficult to rebound ahead of a European Central Bank meeting on Thursday. Downside momentum is expected to remain since many bet that ECB Chief Mario Draghi would sound dovish and try to talk down the currency. While no move is expected [..]