The euro is currently falling sharply against the US dollar from 1.1232 to 1.1207. The reason for this is recent news that the ECB is allegedly considering revising its inflation target (previously “2% or close to 2%”). Allegedly, these considerations are still in their beginnings. Let’s take a chance: under the new President of the ECB, Lagarde, the new inflation target is being so well formulated that bond purchases and negative interest rates can be declared a permanent condition? At any rate the euro is currently weakening! And the Dax is happy with +55 points!
AUDUSD has been in a stable downtrend for over a week now. The overall strength of the Dollar has also been reflected in the Aussie. After the resistance at 0.7075 could not be conquered, the […]
The Dax should have a hard time today – this has already suggested yesterday, when the German leading index again presented itself significantly weaker than the US indices. This was also due to the weakness […]