Currency Stalemate: The Fed Wants To Tighten But Can’t; The ECB Wants To Loosen But Can’t
James Alexander via Historinhas | What is more important the short, medium or long term? The recent gyrations of the EUR/USD exchange rate have grabbed a lot of attention since the start of the year. In theory the strong easing bias of the ECB versus the confusing position of the Fed should mean the EUR weakens versus the USD