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Week In FX Europe – Is It Time To Admit EUR Defeat?
The Dollar is supposed to be king - that's what many had been hoping especially with a 'hawkish' Fed and a 'dovish' ECB running the show. Interest rate differentials are suppose to pull the "mighty" dollar higher against the 18-member single currency. If you ask a EUR bear, especially this week, you probably get the most frustrated of responses - they have been waiting patiently for most of this year to reap some reward from their 'short' EUR positions. It's not happening anytime soon, especially now after the ECB's reaction and rhetoric of this week's monetary meet-up. The ECB managed to wrong foot the markets ... (full story)
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- Mar 8, 2014 9:55pm Mar 8, 2014 9:55pm
- Temujin
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Leaders don't do different things, but they do the same things differently.
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Markets always behave irrationally...fuzzy logic, fallacies, cognitive bias
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Yeah?! Well.. you know, that's just like.. your opinion man! - Big Lebowski
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- JoshMarvin
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Markets always behave irrationally...fuzzy logic, fallacies, cognitive bias
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