RahmanSL's Blog
EUR/USD
A wide trade surplus, originating mostly from German exports, means that funds are flowing into the euro area. When markets are calm, this influx pushes the common currency higher. However, the eurozone has its share of economic and political issues and speculation takes its toll.
The ECB will halve bond-buys to 30 billion euros from January 2018. However, it left the door open to extending the QE program beyond September, and this hurt the euro. A weaker euro makes exports more attractive and p…
The ECB will halve bond-buys to 30 billion euros from January 2018. However, it left the door open to extending the QE program beyond September, and this hurt the euro. A weaker euro makes exports more attractive and p…
EUR/USD
Now that the US administration has extracted some concessions from China on trade and moved negotiations onto a more extended timeline, it could turn its attention to pressuring Europe to reduce its trade surplus with the US.
Any increase in tensions between the US and the EU may be seen as undermining business confidence and delaying ECB QE exit.
That may dampen a quick or full recovery in the EUR is the risk of increasing tension between the US and the EU over Iran sanctions and trade.
Any increase in tensions between the US and the EU may be seen as undermining business confidence and delaying ECB QE exit.
That may dampen a quick or full recovery in the EUR is the risk of increasing tension between the US and the EU over Iran sanctions and trade.