Why I hate the euro exchange rate

Argh – I hate the euro exchange rate!

Last night various media sources were highlighting the strength of the UK economy and that the BOE  will have to rise Interest rates by sixfold. Whilst I not in favor of interest rate rise as like many I have a mortgage the above is not a reason to sell the pound and buy euros.

Can forex traders not read?

Or am I the one with the problem?

Surely not!

Suppose whilst every Super Mario Draghi covers over the cracks in the euro economy with words like the economy is doing fine Forex traders will believe him and go with the herd buy euros

As we all know Forex traders go with what makes their bonus the best – not what is best for the greater good.