The European Central Bank's president Jean Claude Trichet was born in 1942 in Lyons, France. Graduated of the Université de Paris in economics, Trichet became the president of the European Central Bank in 2003. As part of his job in the Governing Council he gives press conferences in the back of how the ECB observes the current European economy. President's comments may determine positive or negative the Euro's trend in the short-term. Usually, if he shows a hawkish outlook, that is seen as positive (or bullish) for the EUR, while a dovish is seen as negative (or bearish).