|
ECB leave the Interest rates unchanged at 3.75%. ECB will wait to seethe inflation result that should push the Interest rates to 4.00%. Some rumorsshows that ECB will hike the interest rates to 4.00% in June. It seems that thefinancial men of the Euro Zone are not concern by the high value of the Eurothat should cause negative effect to the European exporters. While the ECBobviously prepare to hike the interest rates soon, the Fed rising of benchmarkrefinancing rate is over. This is one of the main news that pushes the dollarlow in the recent months.
|