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Why on Earth is EURUSD so Strong?

Why on Earth is EURUSD so Strong?

6 Years ago | March 13, 2014 00:00:00

The EURUSD has started 2014 the way it left off 2013, confounding the consensus view that it would trade lower this year. While this year is still young, being short EURUSD has been the pain trade for the forex market as it trades close to 1.40 vs. a consensus forecast that it would trade to around 1.25 in 2014. Why has the EURUSD been so strong? I will explain why the EURUSD is strong and what it would take to change direction.

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