Dax Index Gets Hammered with Hawkish ECB Talk Forex Stocks Trading
Enter your emailThe ability to hang on to a longer-term position is probably going to be taken away from you until we get some of this noise sorted out.
You are seeing the same phenomenon in Germany now that you had seen in the United States when the Federal Reserve started to talk about tightening. The European Central Bank has finally admitted that there is something called inflation out there and has talked about the possibility of tightening sometime late this year. In other words, traders are starting to worry that there is going to be less “free money” in the European Union going forward.
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