Forex Investment and Currency Trading

While the storm is raging in financial markets and the US economy teeters on the brink of recession, the European Central Bank is keeping its nerves.
Neither the further Fed rate cut to a mere 2.25% nor the surge in the euro exchange rate to a new lifetime high versus the US dollar has triggered any appreciable shift in the ECB position yet. The ECB is firmly on hold for the
foreseeable future. At least that is the clear message in almost all ECB communications at the moment.
Although a few cracks in the strong ECB posture may be starting to appear, these [...]

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