Seeing the euro grinding around 1.156 again, with Fed officials on the other side staying hawkish, and the euro area’s own economic outlook also moving downward. This combination is quite uncomfortable— the dollar isn’t budging lower, but it’s not strong enough to make people dare to chase.
I don’t have any position in FX; I just use it as an observation window. What really affects me is this kind of half-stagnant macro environment, and the thing it fears most is getting itchy and trying to guess the direction. So I’ll keep investing regularly—no tinkering.
I don’t have any position in FX; I just use it as an observation window. What really affects me is this kind of half-stagnant macro environment, and the thing it fears most is getting itchy and trying to guess the direction. So I’ll keep investing regularly—no tinkering.