Euro remains frail
Malta Independent
Friday, 21 March 2014, 09:25
Last update: about 13 years ago
Euro fatigue remains visible although its decline against the USD appeared to have taken a breather, at least up to earlier this morning. The currency pair ceded over 1% over the last two days since Yellen’s first post-FOMC press conference last Wednesday. Yellen specifically mentioned that the Fed could start raising rates around 6 months after the current bond buying program has been terminated.