those who can, do. those who cant, talk about those who can
-
Euro Bulls Call End to Currency Rout After ECB’s ‘Regime Shift’
The euro, pummeled to an almost two-year low last month as the war in Ukraine raged on, may have found a floor as the market prepares for the European Central Bank to put an end to an era of negative policy rates. Money markets are wagering the ECB could raise its deposit rate to zero by December for the first time since 2014, and suggests strategies based on short-selling the currency to fund higher-yielding positions may be drawing to an end. The common currency has already staged a mini rally, surging more than 2% against the dollar as talks between Russia and Ukraine helped further shore up sentiment. Just last ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 7, 2022 6:12am Apr 7, 2022 6:12am
- gatorinla
- Joined Oct 2008 | Status: sideline is a position | 100 Comments
- Comment #2
- Quote
- Apr 12, 2022 5:32am Apr 12, 2022 5:32am
- gatorinla
- Joined Oct 2008 | Status: sideline is a position | 100 Comments
those who can, do. those who cant, talk about those who can