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Economy too slow
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Old 08-03-2006, 05:18 PM
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Exclamation Economy too slow

its story is too predictable. most everyone sees the fed moving to the sidelines after perhaps one more rate hike and the ECB countinung to tighten ahead.
how much the ECB is able to tighten is debatable as europe has show limited ability to stand on its own two feet if the global economy begins to slow north america appears to be headed that way at long last and it is cuastionable whether Europe can carry-on its own should european growth begin to moderate and is showing signs of doing so already than the upbeat EUR / USD story could turn into a fairy tale
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