Boring Boring
Only scalping up and down
Investors have been watchful waiting with a view of the European Central Bank policy meeting tomorrow. Will ECB president Mario Draghi allude to a tightening of monetary policy, though the expectation that he will not do. "The discussion is about whether the ECB because of the strong economic growth rather is going to stop with the policy".
By stopping the buy-back policy of (State) bonds and possibly raising interest rates, the ECB runs the risk that the euro exchange rate rises further against the dollar.
Only scalping up and down
Investors have been watchful waiting with a view of the European Central Bank policy meeting tomorrow. Will ECB president Mario Draghi allude to a tightening of monetary policy, though the expectation that he will not do. "The discussion is about whether the ECB because of the strong economic growth rather is going to stop with the policy".
By stopping the buy-back policy of (State) bonds and possibly raising interest rates, the ECB runs the risk that the euro exchange rate rises further against the dollar.
"It's better to be out wishing to be in... than to be in wishing to be out!