ECBs Panetta: Inflation is falling faster than expected

ECBs Panetta is on the wires saying that:

  • Inflation is falling faster than expected.

The EURUSD fell below the 100 day MA at 1.0813 and remains below that MA currently. Staying below keeps the sellers more in control.

This article was written by Greg Michalowski at www.forexlive.com. Source