Why The Euro Is Going Down, And Down, And Down

The slow devaluation of the Euro has just started, with the Federal Reserve thinking of raising rates and the ECB forced to act more, predicting how the EUR/USD exchange rate will move is far too easy

(original publishing date: 09/15/14)

Forex fans will have already noticed it: in the era of central banks, there is only one chart worth knowing to decide how to invest your money:

The Fed/ECB balance sheet ratio (black line) is going down, we won’t see a strong Euro any time soon.