Euro Interest Rate at 0%. Weird but true. Is the Japan Syndrom comes true to Europe. I do not know if people will pay their bank for keeping their money. How this is possbile.
Who will do that. Yesterday Euro pairs surges at the end of Draghi conference. But the first reaction was correct. EuroZone Interest rate at 0% ( Normally should i say negative rate , inflation included) + weak or negative growth; all of that should have a big impact on euro pairs. But since yesterday evening, stuff seems to be like eurozone was not in crisis.
So, trading forex in that conditions, make me happy. If i was a entrepreneurs and / or a banker, i can borrow money for free and whatever is my business, no more need to my bank. Bottom line will be mine, 100%. But this won't make me happy because, we are or our direction goes to CRISIS.
What means crisis in my case; even if i have free money, if you do not have clients , there is no bottom line. For saving my business, i have to shut down.
But if your business related to Forex trading, for making money with less risk, just do like me:
Short euro pairs
EUDUSD
EURJPY
EURAUD
EURGBP ( My favorite)
Good luck for everything because, trading in eurozone will no longer be the same for future.
