I think first additional stimulus will improve the growth of the economy though it will reduce the value of GBP to a little extent but considering the future growth support to European currencies (including GBP) EURO & GBP should have rallied against USD however it was vice-versa. There were news of ECB cut and huge improvement of ADP employment. Is the dragging of EURO against USD was due to future strength of US employment and economy and that strengthen USD against every major currency or it happened due to gloom economic scenario of European union? I still not sure what triggered. However here also I feel interest cut should have been considered positively on European currency pair as it will support future economy growth though increase supply o money in the system can affects currency value to a little extent. What’s your view on this? Why did EURO/GBP dragged against USD? What was the main reason for the carnage? Let’s share your views to make our self a better trader…