Why the euro may rise with the dollar even at lower interest rates

Goldman Sachs, the US financial giant, may be right in predicting more expensive euro parities with the American dollar around 1.37 within six months, largely higher than the current levels of 1.28-1.30.  The European Sting has been pointing for a long time to Eurozone’s foreign account surpluses and the standard inflows of investments into the […]

Eurozone: Austerity brings new political tremors

The new political stalemate in Portugal – after the President of the country send the 2013 government budget to the high court questioning its constitutionality – casts again doubts over Eurozone’s ability to manage the austerity policies needed, to secure a viable politico-economic path. In more detail, yesterday Wednesday 2 January, the Portuguese President Anibal Cavaco Silva, […]