In the aftermath of Japan’s crisis, the euro has not only fallen against the yen but failed to make any headway against the dollar.
Go figure.
If anything, the compromise decision by European Union leaders to extend the European Financial Stability Facility and perhaps bring an end to the sovereign-debt crisis should make an early rise in euro-zone interest rates more likely.
Go figure.
If anything, the compromise decision by European Union leaders to extend the European Financial Stability Facility and perhaps bring an end to the sovereign-debt crisis should make an early rise in euro-zone interest rates more likely.
