Where’s the Euro going?

UPDATE

the US Federal reserve has just implied that it may not be as aggressive increasing US dollar interest rates in the forth coming year, this means, potentially, the Euro may not deteriorate as fast.

more updates to come

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Yes, I know what you are going to say, you’ve changed your mind and NOW you believe what the forecasters are saying.… Read more

What’s the likely impact of rising US Interest rates

Our economic future is increasingly in her hands.

We have been enjoying a ZIRP  (US zero interest rate policy) world recently. With the improvement in the US economy, the Fed suggested at its policy meeting in March that the program may end this coming autumn and it may start raising interest rates about six months from then. The latest pronouncements have underlined this, pointing out that the Fed responds to data and the data is looking better and better.Read more