BLOOMBERG On The Move March 11, 2015
There is divergence with the rest of the economies. You have china cutting rates and the ecb buying bonds. All of this is to inflate the global economy. You have the United States starting to rain back and increase Interest Rates. That is on every investors mind, as is greece. We have the ecb and the imf to getting talks in brussels and creditors going over to athens tomorrow. Lets have a look at the effect on the currency market. It was the first to react to the speculation on the reserve raising rates. The Federal Reserve raising rates. The dollar is down. 2 as we speak. This is dollar versu...