Traders focus on the US jobs report today as there is room for a surprise

The Euro has been the currency in focus yesterday as traders were anxious to hear from the ECB President Mario Draghi after the central bank’s rate decision. There has been speculation ahead of the press conference that followed the meeting that the ECB President might suggest an expansion of the current easing policy and interest was high on whether that would be the case. Indeed Mario Draghi didn’t disappoint analysts and during his remarks opened the door for further easing driving the Euro lower across the board as the Single currency would certainly not benefit from such a development. The reaction of Single currency was a steep drop that dragged the rate at 1.1100 but nothing more than that and actually overnight the Euro tried to pull back a little bit.
http://worldwide-invest.org/content.php?rr=315-Traders-focus-on-the-US-jobs-report-today-as-there-is-room-for-a-surprise