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EUR/USD has been an impressive unit, last week taking on the 1.13 handle despite the concerns over the EZ and how the ECB may need to act accordingly by way of an extension to their QE programme.
This is an area that once the spotlight over the US economy is temporarily digested and switched to other relevant risk, (from Fed/rate hike and Nonfarm Payrolls shocker), the idea that the ECB is going to augment its QE plans could weigh heavily on the euro and all of a sudden we are looking at the 1.0…
This is an area that once the spotlight over the US economy is temporarily digested and switched to other relevant risk, (from Fed/rate hike and Nonfarm Payrolls shocker), the idea that the ECB is going to augment its QE plans could weigh heavily on the euro and all of a sudden we are looking at the 1.0…