Monday, April 27, 2015

What's Causing The Rise And Fall Of The Euro?

International investors have been purchasing euros in order to purchase EZ stocks.  That has placed a floor on the fall in the relative value of the euro.  On the other hand, the declining yield on EZ treasury bonds has lessened the demand from international investors for euros.  The relative value of the euro is caught between the demand for EZ equities and EZ treasury bonds.

No comments:

Post a Comment