ING: “It Can Only Be Described As Euro Madness”
by Tyler Durden
ZeroHedge.com
Aug 3, 2017
One day after ING asked why Trump is “making everyone (else) great again” (MEGA) by crushing the USD, and just hours after Bloomberg’s Richard Breslow explained that “it’s all about the Euro”, here is ING again, pointing out that when it comes to currency markets, the “EUR madness” goes on, courtesy of chief FX strategist, Chris Turner.
EUR: The “EUR madness” goes on
It cannot be described as other than “EUR madness”. EUR/USD briefly broke above the 1.1900 level on virtually no market moving news – in an environment where German bund yields have actually been nudging lower.
The Rest…HERE
