A Message to the EUR/USD Longs?
It seems that JCT today showed that he and the ECB are not completely blind and deaf when it comes to the reality of a stronger currency in a world where everyone is scrambling to devalue.
As I have noted before, stranger things have happended than the ECB raising into a an impending downturn, but it seems that the ECB has lifted off a little bit in terms of the vigilance against inflation.