"Draghi might stress again the fact that the ECB doesn't want a strong euro, or try to give the message that a further appreciation of the euro wouldn't be welcome," said Roberto Mialich, a Milan-based senior foreign-exchange strategist at UniCredit SpA in Milan.
"It's very hard to imagine something that can convince the market that the euro is not a selling opportunity at this juncture," said Roberto Mialich, a senior currency strategist at UniCredit SpA in Milan.
The first level is the 2011 high, and once this breaks we could see a test of $1.40 but for this to happen we would need (ECB President Jean-Claude) Trichet to be quite hawkish on Thursday," said Roberto Mialich, currency strategist at Unicredit in Milan.
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