Category Archives: EUR

Why Cyprus matters for the RBA

After a period of calm, Eurogeddon is back. The current form is a Cyprus headache. While it is a surprise to close watchers it has rattled markets. The reason seems to be the risk of deposit flight from weak to … Continue reading

Posted in AUD, EUR, monetary policy, RBA | Tagged , | 26 Comments

not so super Mario …

No one has ever made any money having faith in the ECB – and my skepticism was repaid again last night. Draghi’s non-plan was poorly received by the markets. Whatever it takes amounted to nothing new – and Draghi reacted … Continue reading

Posted in ECB, EUR, FOMC | Tagged , , | 1 Comment

Is Draghi’s ECB different?

With the FOMC having shown its hand, focus now turns to the ECB – to see what Mr Draghi meant when he said that the ECB would do ‘whatever it takes’… Much comes down to the question — is the … Continue reading

Posted in ECB, EUR | 2 Comments

Whatever it takes, again

Skeptical about the new ECB? Well, you have heard it before …

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Does the ECB have what it takes?

Equities ripped, bonds sold off, and the little Aussie bruiser rallied to ~1.04 last night on reports that ECB Draghi said the ECB would do ‘whatever it takes’ to hold the Euro together… I doubt the ECB has what it … Continue reading

Posted in EUR | Tagged | 10 Comments