Why Is the Euro Still Gaining Against the Dollar?
The ECB has been trying to weaken the Euro. The relative weakness of the US dollar, however, continues to make the Euro look good by comparison.
The ECB has been trying to weaken the Euro. The relative weakness of the US dollar, however, continues to make the Euro look good by comparison.
We're now living in the “Fischerian age of monetary policy,” which may prove, in its final stages, to be volatile indeed.