Shaw Capital Management News -Foreign Exchange Markets 2010 Part 4

Shaw Capital Management News -Foreign Exchange Markets 2010 Part 4 Prospects therefore remain disappointing, and are being made worse by the differences that exist between member countries. The European Central Bank therefore faces a difficult situation.... Mehr lesen

Shaw Capital Management News -Foreign Exchange Markets 2010 Part 4 Prospects therefore remain disappointing, and are being made worse by the differences that exist between member countries. The European Central Bank therefore faces a difficult situation. It continues to forecast “moderate” growth and “moderate” inflation; but it is being severely criticised for failing to address the problems of a two-speed economy, and for its unwillingness so far to face the threat that the deteriorating situation in Greece could quickly begin to destabilise other member countries and have serious consequences for the financial stability and growth prospects of the entire area. It is not surprising therefore that investors and speculators have started to reduce their exposure to the euro. Shaw Capital Management News - Foreign Exchange Markets 2010 Part 4: - The critical question therefore is whether the fall of the euro is now over. Since the currency is unlikely to receive any real support fro Weniger lesen