Category: Currency Currents
- Published: 03 March 2010
- Written by Editor
Greece stabilized? If so, what next for euro? ECB rate cut?
Some analysts have the view that if Greece is stabilized it will prove the euro has passed a major test, and lead to a fresh new rally against the US dollar. Of course we can never say never when it comes to trading/investing, but it seems an unlikely course precisely because of the key element needed by Greece and the other states in fiscal jeopardyausterity.