Germany’s two major political parties have formed a grand coalition deal, boosting the euro to its best position against the yen in four years and a one-month peak against the U.S. dollar. “The news removed some political uncertainty and helped lift the euro,” said Omer Esiner, chief market analyst at Washington, D.C.-based Commonwealth Foreign Exchange. “While on a firm footing, the euro will likely struggle to add significantly to its current gains as investors remain worried about further monetary easing from the European Central Bank in the months ahead.”
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: