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Mario Draghi and ECB Out of Ammo
Mario Draghi is being pressured to do more in order to help the Eurozone even after the LTRO success. Kit Juckes of Societe Generale believes Draghi needs to drive the value of the euro lower but is concerned he doesn’t have any ammunition left. Juckes also explains the complexities traders are finding when trying to profit from a weak euro. He explains how shorting the euro hasn’t worked, but let’s viewers in on his own strategy to profit from the currency.