6 of September, the most awaiting day for investor in recent weeks, lived up to expectations. Draghi seem to not have disapointed the market after it reveals a bond buying program to help cut the borrowing costs of debt-burdened eurozone members.
The markets around the world have taken very well the news and have rallied. The new rally put pressure on the both bulls and bears. Index are pushing higher, specially those who have rally in the last year like the DOW JONES and DAX indexes. It is very possible that a longer rally may be on the cards.
The EUR/USD have been recover beyond the $1.26
There are still question about the Eurozone recovery and its financial crisis. But as far as governments and the ECB are willing to act in support for the Eurozone and its common currency, investor can look forward to profit from a once in a life time opportunity.