The ECB underscored the massive divergence in developed world monetary policy and a strong US jobs report would add to the argument. On Thursday, the dollar was the top performer while the kiwi lagged. The teetering Australian dollar will be the focus of Asia-Pacific trading. A new set of Premium trades will be issued tomorrow before the release of the US jobs report.
The euro fell as low as 1.0988 after Draghi but managed to close above 1.1000. Still, it was another tough day for the euro as even with better growth forecasts the ECB said it could buy bonds beyond 2016 and with yields lower than 0%.