The is an interesting and difficultly explanable surge of EUR against USD but the surge of the German bund Yields.
Commodities prices have increased as well. although there is a beginning of inflation through ECB's QE, iti is yet not enough. And the increase of the commodities prices is not good for ECB's policy which aim in importing inflation.
Therefore, one should expect EUR to resume its natural path towards 1.10 and bellow.
Commodities prices have increased as well. although there is a beginning of inflation through ECB's QE, iti is yet not enough. And the increase of the commodities prices is not good for ECB's policy which aim in importing inflation.
Therefore, one should expect EUR to resume its natural path towards 1.10 and bellow.
