Michael Casey's FX Horizons: Odd bedfellows behind the euro's resilience
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Michael Casey's FX Horizons: Odd bedfellows behind the euro's resilience

New York City : NY : USA | May 09, 2012 at 7:54 AM PDT
Source: MarketWatch
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To volatility-loving currency traders, the euro has been a source of great frustration, its trade versus the dollar hewing to a boring range of 4 cents for almost four months. For that they can blame an unintentional symbiosis between the European Central Bank and the People's Bank of China, the first... FULL ARTICLE AT MarketWatch
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The euro showed resilience overnight after hitting a fresh 10-year low of 103.89 yen
The euro showed resilience overnight after hitting a fresh 10-year low of 103.89 yen
 
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