This page has been archived and commenting is disabled.
EURUSD Hammered To 1.08 Handle, 3-Month Lows
After Draghi's moar dovishness yesterday, this morning's "meh" US data has sparked another leg lower in EURUSD (as December rate-hike odds rise modestly from 52% to 55%). EURUSD is now trading with a 1.08 handle for the first time since early August... more pain for US corporate earnings...
Just keeps falling...
Banging EURUSD to 3-month lows, drastically lower since Draghi said The ECB GC had talked about easing more...
Charts: Bloomberg
»
- 534 reads
- Printer-friendly version
- Send to friend
- advertisements -
King dollar!!
disclaimer; keep in mind that the velocity of a dead currency is zero.
Another million refugees should kill the euro for good.
Is Al Franken afraid of Donald Trump?http://tinyurl.com/n9armhd
go Bitcoin go
Draghi can't talk the Euro low enough and the Fed can't stop the dollar from appreciating. Delicious irony.
The central banks coordinate policy. Simple fact.
Gold looks better over there, today...central banks take turns cheating people out of their savings.
Must be good for Gold priced in Euro. Why would anyone think the USD is any better ????? What are they going to do with a USD over 101 !!!!
way off topic, but maybe of interest to some -
radio station in Philly is playing greatest songs by year, commercial free. 1964 playing right now.
http://thegreatestyearinmusic.xpn.org/
Nothing to see here move along. Ignore USD potentially successfully backtesting the breakout from the bullish triangle/wedge consolidation pattern it was working on since March of 2015.
After the FED raises rates .25% in December the € and the $ should be at parity. Sounds like gale force headwinds for those multinationals. I'm sure it will do wonders for small businesses though, you know the backbone of the American economy.
LOL!!!