January 2016 presented a number of surprises to market participants, including threats of looser monetary policy from the European Central Bank and the People’s Bank of China, while the Bank of Japan took the extraordinary step of introducing negative rates. Throw away all your preconceived notions going forward.
from DailyFX - Forex Market News http://www.dailyfx.com/forex/fundamental/forecast/weekly/eur/2016/01/31/Euro-Driven-by-Global-Sentiment-Trends-as-BOJ-Tips-the-Scales.html?DFXfeeds=forex:fundamental:forecast:weekly:eur
Euro Driven by Global Sentiment Trends as BOJ Tips the Scales
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