Germany’s fiscal bazooka: A shot in the arm for the euro?
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Germany’s fiscal bazooka: A shot in the arm for the euro?
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In this week’s episode of FX Talk, Matt and Roman are joined by our Sao Paulo analyst, Eduardo Moutinho, to discuss the latest headlines in the currency market. The dollar has sold-off sharply against most currencies in recent weeks as investors fear a slowdown in US growth. Yet, with the Federal Reserve sticking to its cautious approach to cuts, is this move lower in the greenback perhaps overdone?
Meanwhile, the euro has surged above the $1.09 level this month, buoyed by the news of a massive fiscal stimulus package in Germany. Is this a game changing moment for the Euro Area economy and the common currency?
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