
The weird resilience of the EUR - Guest: Jens Nordvig
Macro Mondays
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The Eurozone Is in a Hard Time
Jens Novi: We've been fairly negative on Eurozone positioning here at Stinno Research, and we're actually recording on the day as far as I remember where the excess Euro liquidity will shrink by more than 500 billion in one day. So let's see whether that matters at all. There's some trillions to go. But yeah, I mean, his arguments were pretty convincing at least why the price action has been as it has this short term. For now, no, no, I'm still you.
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