EURO PAIRS WILL BE OUR FOCUS – The ECB’s bond-buying program was a flop, and that’s perilous for the eurozone;

European Central Bank President Mario Draghi has declared that eurozone economic growth is on a steady course and that the risk of deflation is fading, allowing the central bank to phase out its bond-purchase program by the end of December. Such “mission accomplished” rhetoric is entirely contrary to reality. In truth, the ECB’s bond-buying program has largely failed: economic growth is slowing, and inflation remains worryingly low. With the ECB reaching the political limits of its actions, perils lie ahead for the eurozone economy. Read More @

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