John Taylor : Trichet’s Tightening To Threaten European Banks and hurt German competitiveness

March 8, 2011

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Euro : sees Euro peaking at at 1.45 before falling. Trichet made same mistake back in 1998, tightening right before a crises.

US : Fed won’t tighten for a while, but when they do, it will be like 1994 and trigger a Bond market route.

 


FX Concepts’ Taylor Says U.S. Heading Toward Recession
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