Uncertainty Prevails amidst USD / EUR Interest Rate Discussion |
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The present unclear picture emerged in today’s early European trading with the EUR behaving controversially after data hint that inflation in the Eurozone is still moving higher. What’s more, the much-debated interest rate question reveals nothing at all about who will raise interest rates sooner and faster to fight inflation - the U.S. or the Eurozone. A fact is that the U.S. has more upward interest rate potential from the present much lower levels than the Euro, but that is all we have right
Filed under: Technical
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