ECB extends QE and the Euro... soars 2% vs the Dollar???
Saxo Bank Head of FX Strategy John Hardy takes a look at what is arguably one of the ECB's worst communications failures.
Read moreSaxo Bank Head of FX Strategy John Hardy takes a look at what is arguably one of the ECB's worst communications failures.
Read more"The reality is that I see the Fed as being unlikely to embark upon a round of consecutive rate rises considering the current status of the economy" - Steven Knight, Blackwell Global
Read moreDespite continual financial woes in the Eurozone, some analysts consider that conditions may sufficiently improve that the 60 billion euro per month bond buying measures could be scaled down early
Read more"Such a mis-pricing of sovereign risk within the Eurozone was a key feature of the pre-credit crisis environment. Whilst premium are wider (Italy just over 1% above Germany, vs. 0.2%-0.3% in 2007), yields are lower." - Simon Smith, Chief Economist, FxPro
Read moreThe pan-European currency approached an 11-year low as Mr. Draghi’s quantative easing measures exceeded a proposal the ECB was said to have considered for 50 billion euros a month. Euro drops in value after announcement
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