The Hard-Nosed ECB Is Changing Its Stance

Published by Filipe R. Costa on Tue, 07/05/2013 - 10:43

Daily Market Commentary for May 7: The hard-nosed ECB is finally willing to do something for the Eurozone. The move is welcomed but the motivation behind it is wrong.

Euro Advances the Most Since October 2011

Published by Filipe R. Costa on Fri, 11/01/2013 - 10:53
Mario Draghi

Daily Market Commentary for January 11: Mario Draghi’s attempt to shift focus from the financial crisis to the real economy sent the Euro higher 1.62%, a rise not seen since October 2011 as measured by our CTS Euro index. Analysts are changing their views on future monetary policy and dropping their bets on a Euro breakup.