Just when you thought it was safe to go out and sell that 17-member single currency, all things turn pear-shaped for the remaining 'bear' as the EUR takes on a new big figure level with gusto, touching US$1.31 for the first time since mid- last month. Investors to date have been diligently pairing back their anti-EUR positions since Governor Haruhiko Kuroda from the Bank of Japan (BoJ) announced his aggressive new easing intentions last week. Japan's surprise policy shift has raised expectations...
Just when you thought it was safe to go out and sell that 17-member single currency, all things turn pear-shaped for the remaining 'bear' as the EUR takes on a new big figure level with gusto, touching US$1.31 for the first time since mid- last month. Investors to date have been diligently pairing back their anti-EUR positions since Governor Haruhiko Kuroda from the Bank of Japan (BoJ) announced his aggressive new easing intentions last week. Japan's surprise policy shift has raised expectations...
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