The slow devaluation of the Euro has just started, with the Federal Reserve thinking of raising rates and the ECB forced to act more, predicting how the EUR/USD exchange rate will move is far too easy
(original publishing date: 09/15/14)
Forex fans will have already noticed it: in the era of central banks, there is only one chart worth knowing to decide how to invest your money:
The Fed/ECB balance sheet ratio (black line) is going down, we won’t see a strong Euro any time soon.
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