Does Draghi Love Buying Euros because he has talked up the Euro exchange rate so much today it is hard to believe he hasn’t taken a punt himself and needs the exchange rate to go higher.
If he has his way the pounds to euros exchange rate will be sub 1.2000 and the Euro to US dollar exchange rate above the 1.4000 level. This is madness has everyone forgotten that half of Europe’s youths don’t have jobs and no chance of moving to a home of their own!