Lets Talk About The Bloody Euro Shall We ?
......The beginning of QE saw the Euro stabilize and once the stimulatory effects of lower oil prices worked its way through the Eurozone we saw growth start to come back and the Eurozone bounce back in exports due to a weaker currency. Inflation in the Eurozone picked up and the growth spurt continued through 2017.
QE and the stimulatory effects of low interest rates nailed German bund yields to the floor however this stimulation resulted in the appreciation of the Euro; the wheels of fortune had changed and the Euro was rebounding. Historically, the German 10 year US 10 year yield spread and the Euro have been correlated to each other. However recently it would appear that there has been a divergence in their relationship..... read more for free at patreon.com/posts/18211562
QE and the stimulatory effects of low interest rates nailed German bund yields to the floor however this stimulation resulted in the appreciation of the Euro; the wheels of fortune had changed and the Euro was rebounding. Historically, the German 10 year US 10 year yield spread and the Euro have been correlated to each other. However recently it would appear that there has been a divergence in their relationship..... read more for free at patreon.com/posts/18211562
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.