jeudi 16 avril 2015
Everyone Hates the Euro
Posted on 10:53 by nice news
Currencies are the equivalent of company share prices, only for countries or regions. In the same way as investors favor the stocks of well-run companies with healthy profit outlooks in expanding industries, money managers lean toward the currencies of nations with growing economies, political stability and well-run monetary policies.
On that basis, the euro region is in trouble. And with Greece running out of money, the future of the common currency itself is in peril, at least for those of us who fear that one member's exit could trigger an unpredictable unraveling. The euro has never been less popular with the international trading community. The Commodity Futures Trading Commission compiles figures comparing bullish and bearish bets on the currency versus the dollar. Traders have been consistently speculating against the common currency for the past year; those bets have now reached a record:
On that basis, the euro region is in trouble. And with Greece running out of money, the future of the common currency itself is in peril, at least for those of us who fear that one member's exit could trigger an unpredictable unraveling. The euro has never been less popular with the international trading community. The Commodity Futures Trading Commission compiles figures comparing bullish and bearish bets on the currency versus the dollar. Traders have been consistently speculating against the common currency for the past year; those bets have now reached a record:
Everyone Hates the Euro
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