It makes sense to sell EUR on the up-trend
It looks like EUR will remain under pressure despite the fact that Mario Draghi is expected not to continue further monetary policy mitigation. We believe that on the next meeting which will take place this Thursday ECB president can announce his …
Geopolitical issues boost USD
Unexpected decision by Russia to support their compatriots on Ukraine led to the increase of tension in Europe and world in general. Due to this fact investors are less interested in risky deals. Russian rubble hit new minimums against EUR and USD and stock market simply …
One of nine members of Bank of Japan Takehiro Sato said on Thursday that foreign investors are quite disappointed with the rate of reforms announced by Japan prime minister Shinzō Abe. This is a unique case of critics of Japanese government from one of the central bank governors. Sato (ex-economist of …
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