Monthly Archives: January 2018

EUR/USD at 3-year highs is a major headache for ECB

Since the European Central Bank¬ís last policy meeting, the euro has strengthened further, most notably against the dollar, while the stock markets have also risen. However, the gains for stocks have been far less stellar here than, for example, in the US, even though economic data in the Euro area…

Can the ECB meeting change the course of dollar selling?

The dollar had a huge meltdown yesterday, but can the tide of dollar selling be turned, at least in the near term, as the ECB meets today? The dollar has been under pressure since November, but the selling pressure went into overdrive yesterday after comments from US Treasury Secretary Steve Mnuchin…

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