Once traders in Europe get to their desks a flurry of activity hits the tape as they start filling customer orders and jockey for positions. Phone Number Please fill out this field. Loss of confidence in the dollar and the creditworthiness of the United States. The FED could once again falter to do as hinted in the dot-plot and stay on hold during , while the ECB may beginning tapering.
EUR / USD NEWS
In the US, the Fed remains on course to raise rates four more times until the end of , and this supports the greenback. The world is watching the Fed. Follow us on Sticher or iTunes.
Here are some general data. The key countries are Germany, France, Italy and Spain. The US dollar is the reserve currency of the world. When markets are calm, this influx pushes the common currency higher.
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