28 Mar 2017
EUR may be basing - AmpGFX
According to Greg Gibbs, Director at Amplifying Global FX Capital, more people may be forming the view that the EUR is basing, looking ahead to a time when the ECB ends its QE program.
Key Quotes
“The EUR only briefly broke below its 2015 QE induced lows in the wake of the Trump election last year. It has also been diverging from its widening short term yield disadvantage over recent months and shaking off albeit diminishing Eurozone political uncertainty.”