Loading ...Buygold @ 20:36 on January 16
Well, there IS an unknown to the public, unofficial Fundamental Reason. The invisible behind the scenes global economy control freaks, or central planners, aka TPTB, started LOWERING the dollar, (which raises the Euro) because Europe has been stimulated enough, for now, and the USA economy is ready to slow down.
In June 2014, the same Control Freaks, started RAISING the dollar, (which LOWERS the Euro) because the USA had been stimulated enough by that time, (from 2008) and the EURO economy was hurting and slowing down. Remember the PIGS baloney? Cry babies with a loaf under each arm. Europeans have a very low tolerance for pain.
I am the only financial writer that I know of that believes and reports, TPTB have been for decades, rotating currency values, back and forth to help, or remove help, from various countries. If you have a hunch, and look for evidence, you will find it. Nothing is a coincidence.
Evidence story, parts:
Euro Frustrates ECB Policy Makers as Stimulus Debate Heats Up.
(Bloomberg) — The European Central Bank’s second-highest official waded into the debate over euro-area monetary stimulus after some policy makers expressed concerns over the single currency’s recent gains.
“I am concerned about sudden movements” in the exchange rate “which don’t reflect changes in fundamentals,” Constancio said in an interview with Italy’s La Repubblica newspaper published Wednesday. “Looking at fundamentals, inflation declined slightly in December.”
The euro has risen to the strongest against the dollar in more than three years amid signs that robust economic growth has prompted policy discussions over whether the ECB should tweak its guidance on stimulus.
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