Pauly B

The ECB Remains Hawkish

It seems like it will be a tall order for the Euro to recover after the recent currency dislocations. There have been huge moves in the last month alone. I remember many business leaders in Europe calling for rate reductions. The unemployment and GDP numbers will call this. It will be interesting to see who is right.

Five Forces Driving the Euro Down

Thanks Kathy for the post. Good insights. I wonder how the EURO would be playing right now if the European Central Bank would have lowered their rates and not taken such as hard stance on defending the EURO?

Yes our economy is in bad shape but it appears on the surface that the FED may have got it right. Time will tell......

PS

My ISE currency options have been doing wonderful.