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Revisited: Don’t Fight Central Banks

Revisited: Don’t Fight Central Banks

5 Years ago | September 04, 2014 00:00:00


ECB Attitude Adjustment

On July 15, I wrote an article entitled Don’t Fight Central Banks, a day when the EURUSD closed at 1.3567. EURUSD traded to a low today below 1.30 after the ECB took further easing measures in a market where this central bank has been giving a green light to sell. What is behind this change in the ECB and how low can the EURUSD go?

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