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Posts by "yobadnewz"
23 Posts Total by "yobadnewz":
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Posts by Anonymous "yobadnewz":
big fall today, euro can't break 1.52, has tried for past week.
place yer bets...
trichet obviously keeping a card to himself, to bring up interest hike if euro starts bombing again, which could happen if spain starts to be questioned.
also, how will this play across in the US - will it stoke calls for tighter monetary policy there? If so eur-usd going the dollars way.
Just a thought..."
usik, the timing definitely feels stage-managed, why does portugal ask for a bailout the night before ecb meeting, and not earlier?
I'm unsure about the rate rise, it will probably happen, but I think it will be a one-off, or signalled as such.
ECB will have less incentive to rise rates as the FED winds down QE2 (which is causing all the inflation for the most part).