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Tuesday, March 10, 2015

The ECB May or May not be Buying Negative Yields

bonds.jpg Home Page News Page The euro was trading $1.1150-$1.1220 a week ago.  The launching of the ECB's bond buying program coupled with another strong US employment report jumped started the euro's slide, after consolidating mostly last month.   The euro was trading $1.1150-$1.1220 a week ago.  The launching of the ECB's bond buying program coupled with another strong US employment report jumped started the euro's slide, after consolidating mostly last month. The euro slipped to just below $1.0725 today.  Comments from Jason Furman the Chairman of Economic Advisors to President Obama helped stabilize the euro.  He acknowledged that the dollar's strength curbs US growth.   See Also links url:  http://www.economywatch.com/features/Let-the-Euro-Sovereign-Bond-Buying-Commence-and-the-Next-Act-in-Greece-Enters-the-Stage.03-09-15.html Title:  Let the Euro Sovereign Bond-Buying Commence, and the Next Act in Greece Enters the Stage See Also type:  Reference read more


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