Current: The Euro is losing for this reason – Dax rises

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!

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