We are not seeing a huge impact on the DAX ahead of the Fed's decision tomorrow, but foreign investors had bought into the idea of reform and the risk is that they will unwind their overweight positions, which would be negative for the euro.
Steven Pearson
I don't think (the grand coalition) is going to prove that positive for the euro over the short, medium or longer run
positive run short
The DAX has outperformed since the election was called in May
election
idea negative risk decision tomorrow reform impact
If your interest rate is relatively low then there is only really one way of getting the balance of payments to balance in the medium to long term, which is to offer more of your currency at each time of asking for foreign capital.
time balance offer interest currency
You must log in to post a comment.
There are no comments yet.