there is a fear that fiscal calamities will influence the monetary policy of the respective central bank, this dampens the positive effect of a restrictive monetary policy because there is a fear that it will no longer be sustainable.
In the Eurozone, it is the weakest link that counts, because since the Eurozone crisis, the ECB has become the fighter against every sovereign debt crisis. Therefore, it is not Germany's or France's debt levels that should be used to assess the Euro, but Italy's fiscal situation. In a US Dollar vs. Euro comparison, the Euro would probably be the one to lose out if fiscal risks were to become more of a market focus again.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
ソース: FXStreetNews - 🏆 14. / 72 続きを読む »
ソース: Investingcom - 🏆 450. / 53 続きを読む »