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How to Trade the Euro's Rise

From cnbc.com

How about that European Central Bank? Investors were expecting no change in interest rates from the bank's monthly meeting, and the European Central Bank delivered. But President Mario Draghi went further, saying he expects conditions in the euro zone to begin gradually improving later in the year. The euro rocketed upward on the ECB news—even though euro zone unemployment remains high and German industrial production is faltering. Kathy Lien, managing director of BK Asset Management, said she understands why. "The central bank is done with introducing programs that have creative acronyms," she said. "OMT will ... (full story)

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  • Category: Breaking News