https://twitter.com/Schuldensuehner/status/1529001573224947717 #Euro jumps >$1.07 after #ECB's Lagarde confirmed Monday’s comments made in a blog post in BBG interview at #wef22 that MonPol is at 'turning point.' Insisting ECB not “behind the curve” she restated that neg rates will end in Q3. Says recession not ECB baseline for the Eurozone. https://t.co/yDsu0TGlT1 via @Schuldensuehner
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Holger Zschaepitz
#Euro jumps >$1.07 after #ECB's Lagarde confirmed Monday’s comments made in a blog post in BBG interview at #wef22 that MonPol is at 'turning point.' Insisting ECB not “behind the curve” she restated that neg rates will end in Q3. Says recession not ECB baseline…
https://twitter.com/Schuldensuehner/status/1534890652084871173 #Euro turns lower as #ECB's Lagarde has no concrete anti-fragmentation tool at hand. https://t.co/48SvtFp0IW via @Schuldensuehner
Twitter
Holger Zschaepitz
#Euro turns lower as #ECB's Lagarde has no concrete anti-fragmentation tool at hand.
https://twitter.com/Schuldensuehner/status/1543698297143103492 In case you missed it: #Euro has dropped to Swiss Franc parity. https://t.co/1Rkjg1wCsf via @Schuldensuehner
Twitter
In case you missed it: #Euro has dropped to Swiss Franc parity.
https://twitter.com/Schuldensuehner/status/1544239652223188992 OUCH! #Euro sank to a 20y low against the US Dollar as investors pared bets on #ECB interest-rate hikes given the growing risk of a recession in the region. Euro fell as much as 0.9% to 1.0331, its weakest level since December 2002. https://t.co/vssaqsxu8m via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1545757569167261697 This chart shows why #Euro crashed to near parity w/Dollar this week. Eurozone's trade surpluses have been completely wiped out b/c of energy crisis. #Germany has slipped into trade deficit for 1st time in 31yrs, shortfalls in trade were also observed in France & other countries. https://t.co/hRO5Rq62fL via @Schuldensuehner
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This chart shows why #Euro crashed to near parity w/Dollar this week. Eurozone's trade surpluses have been completely wiped out b/c of energy crisis. #Germany has slipped into trade deficit for 1st time in 31yrs, shortfalls in trade were also observed in…
https://twitter.com/Schuldensuehner/status/1546496003053846528 #Euro on course to parity: Common currency just hit a fresh 20y low at $1.0053. https://t.co/bgeYi6FQTM via @Schuldensuehner
Twitter
#Euro on course to parity: Common currency just hit a fresh 20y low at $1.0053.
https://twitter.com/Schuldensuehner/status/1546801679340900352 In case you missed it: The value of the #Euro has briefly hit parity w/US Dollar for the first time in almost 20yrs. https://t.co/1m5GqzRA3g via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1547200901194174464 OUCH! #Euro drops below Dollar parity for the first time in 20yrs. https://t.co/pqwAHMtTjm via @Schuldensuehner
Twitter
OUCH! #Euro drops below Dollar parity for the first time in 20yrs.
https://twitter.com/Schuldensuehner/status/1549018652929933314 Instead of Price Stability: Now the #Euro will become the Lira - and the #ECB will finally become a bad bank. https://t.co/ghb9lgnyML via @welt https://t.co/x6XoBbrexy via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1549492846071353345 In case you missed it: #Euro jumps to 2-Week high as markets bet on bigger #ECB hike. Money markets see almost 50% chance of a 50bps hike this week. Strategists express doubts over Euro move’s longevity. https://t.co/5yCDcwzoiE https://t.co/H7Ou7z3mhA via @Schuldensuehner
Bloomberg
Euro Surges, Bonds Slump as Markets Bet on Bigger ECB Rate Hike
The euro jumped to a two-week high and short-dated bonds slid across Europe as markets priced in a more aggressive pace of interest-rate hikes from the European Central Bank.
https://twitter.com/Schuldensuehner/status/1549998585709740032 #Euro rebounds as Russian gas flow resumes and #ECB hike looms. https://t.co/peaY2pFpO5 via @Schuldensuehner
Twitter
#Euro rebounds as Russian gas flow resumes and #ECB hike looms.
https://twitter.com/Schuldensuehner/status/1552554466775269377 Good Morning from #Italy, which is obviously not doing so well with the #Euro. Since the introduction of the single currency, Italians' wealth per capita has barely not increased, while GDP per capita in #Germany has risen by 29% and GDP per capita in #Spain by 19%. https://t.co/ylgmjhR5dY via @Schuldensuehner
Twitter
Good Morning from #Italy, which is obviously not doing so well with the #Euro. Since the introduction of the single currency, Italians' wealth per capita has barely not increased, while GDP per capita in #Germany has risen by 29% and GDP per capita in #Spain…
https://twitter.com/Schuldensuehner/status/1557478846945021959 #Euro keeps falling vs Swiss Franc after breaching parity. You get only 0.97 Francs for 1 Euro. https://t.co/ofYfQkTZrw via @Schuldensuehner
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#Euro keeps falling vs Swiss Franc after breaching parity. You get only 0.97 Francs for 1 Euro.
https://twitter.com/Schuldensuehner/status/1561650389816147969 #Euro drops briefly back under Dollar parity as Europe tumbles toward recession. In morning trade, the European single currency slid as low as $0.9990, dented also by growing fears of winter energy shortages in Europe. https://t.co/FLzYIMQELI via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1561942014052139008 The #Euro continues to fall below parity w/the Dollar. Now, 1 Euro is worth only $0.9936. https://t.co/c5S71PAFzm via @Schuldensuehner
Twitter
The #Euro continues to fall below parity w/the Dollar. Now, 1 Euro is worth only $0.9936.
https://twitter.com/Schuldensuehner/status/1572838259981537280 #Euro plunges to 20y low after US central bank Fed pushes ahead w/bumper interest rate hike as it steps up #inflation fight. https://t.co/WcHisnsnjl via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1572844991789076480 OUCH! #Euro hit fresh low against Swiss Franc below 0.95. https://t.co/pqrJQZuVEk via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1574172001559887872 #Euro starts unchg at 20y low <0.97 US Cent to the week as Meloni short of a super-majority in Italian elections which is positive for investors. https://t.co/Lo5OLIqB7G via @Schuldensuehner
Twitter
#Euro starts unchg at 20y low <0.97 US Cent to the week as Meloni short of a super-majority in Italian elections which is positive for investors.
https://twitter.com/Schuldensuehner/status/1574286537675743232 #Euro hit a fresh 20y low after Italian far-right won elections in Italy. https://t.co/INEohIhPPK via @Schuldensuehner
Twitter
#Euro hit a fresh 20y low after Italian far-right won elections in Italy.
https://twitter.com/Schuldensuehner/status/1577540676010614786 Good Morning from #Germany, which is not benefiting from the weak #Euro. The export nation's trade balance slipped to a slim €1.2bn in Aug because imports are becoming more expensive & exports are not growing accordingly. The terms of trade are thus deteriorating sharply. https://t.co/mSZ58co88N via @Schuldensuehner
Twitter
Good Morning from #Germany, which is not benefiting from the weak #Euro. The export nation's trade balance slipped to a slim €1.2bn in Aug because imports are becoming more expensive & exports are not growing accordingly. The terms of trade are thus deteriorating…