Jon Jacobs
Jon Jacobs
continuing days euro failed fed focus heading looked looks lower mainly mount next pressure prospect raise rates several trying until
Until several days ago it looked like the euro was trying to mount a recovery, ... But it failed and it looks like it's heading lower again. We see the euro continuing to be under pressure mainly because the U.S. market, after the Fed does nothing next week, will focus on the prospect that the Fed will raise rates in the future.