Former head of the ECB jean-claude Trichet says Draghi’s QE decision shows the European economy is robust

Former ECB President jean-claude Trichet, speaking at the Radio Classic Oct 27

  • there was no doubt about the economic dynamism
  • shows an increase of the synchronization of EZ economies
  • France and Italy have more to do on the competitiveness
  • the weakness of inflation is a global phenomenon
  • the prices are not rising the way they have done in the past
  • the competition of the EM price cap

During this time, the EURUSD 1.1633 trawling around session lows of 1.1625

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