In Case You Missed It…

January 22, 2015
By Knowledge Leaders Team in Markets

The EUR is trading at levels not seen in over a decade, in the wake of the ECB’s big QE announcement today.  And, while a weakened currency might not be a surprise to most, the complete lack of support on a technical basis is certainly… interesting:


Of course, we can not say with any degree of certainty whether or not the EUR will fall back to lows registered fifteen years ago.  This decisive move below long-term support does raise the question, however.

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