The euro is increasingly being used as a major funding currency in carry trades
To win the war, one often needs to deliberately lose some battles. Donald Trump claims he doesn’t track the US stock indexes, but all his followers on twitter know how the US president enjoys the S&P 500 success. The easing of the US-China trade battle, along with a preventive cut of the Fed’s rate by 75 basis points allowed the US stock market to boost its capitalization by 25%, after which, the US president decided to step back. New tariffs on the imports from Brazil, Argentina,…
Read full author’s opinion and review in blog of #LiteForex