Hi Guys,
The Federal Reserve has increased interest rates, The European Central Bank will stop QE, it seems the occidental economy is starting to grow again.
Will it benfit the cryptocurrency market in his whole or it will drain money from it toward classic investments?
what do you guys think about it?
What's your opinion/analysis?
No Mario Draghi is not so much hawkish
EBC will not increase rates and will don't stop QE
You can look dollar/euro pair
Dollar is going to raise
EBC will print to save banks they have no other choice
Other way will be not possible to save DB,italian and french banks
Fusion between big French Societe General and Uni Credito is very possible
It is all to save banks and hide his loses
Fair point mate. A lot of banks in Europe are like zombies.
But you're not updated!! Draghi already decided to stop QE...
ECB is confident about the future of the economy... the problem is represented by populist parties, especially in Italy that has a great sovereign debt!!