26.08.2015 - Forget Dollar, Look at These European Currency ETFs
Surprising many investors, the global currency market underwent a trend reversal lately. A dovish Fed, which is still in two minds about raising the key interest rates next month, and extreme tantrums from the Chinese market stoked global growth worries all over again. The economic data points remained sturdy in the U.S.; but inflation is still short of the Fed's longer-term target due to the free fall in energy prices last year and declining prices of non-energy related imports, per the Fed minute. The September timeline of the Fed lift-off now appears distant as subdued inflation shifted the speculative timeline to December...............................................Full Article: Source
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