The Traderszone Network

Published in TZ Latest News 10 March, 2017 by The TZ Newswire Staff

EUR/CHF hits the highest since December 8. Mystery abounds.

EUR/USD up almost 100 pips today
Here is one theory:
The Eurozone economy is out of the deflationary-crisis mode. Draghi drove down government borrowing costs and the economy is beginning to turn the corner. In addition, yesterday he signaled that policy is shifting towards neutral.