The Euro remains soft – Morning outlook – 17th September

The Euro certainly looks like it has further downside now that traders have had time to realise that the changes made at the last meeting will not have much effect. The changes needed, i.e. more fiscal spending by those countries that have budget surpluses are unlikely to happen, maybe as they are relying on a weaker Euro to give them a boost.

Leave A Comment

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.