Here's what you need to know.
| Is the Euro Becoming the New Japanese Yen? |
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I'm witnessing one of the crazier things I've seen this week: The market is in a major selloff and the euro is uncharacteristically going up. After sliding for two years, thanks to low interest rates and a sluggish economy in Europe, the euro has rallied hard ever since the coronavirus hit. So what's up with the euro and why is it acting like a safe haven currency like the yen? Well… it has to do with the market falling and massive loans taken out by big institutions and high net worth individuals. Even if you don't trade currencies at all, I really think you'll find this interesting. |
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I LOVE YOU ALL! Until next time. Rob
P.S. email me at info@booker.com if you have any cool trade ideas or some wild stories to tell me! I'm always down for a good story.
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