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What We Read Today 24 January 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

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Draghi Dodges QE Disappointment With Plan That Might Work (Jeff Black and Scott Hamilton, Bloomberg)  If the value of the euro can be depreciated enough then maybe inflation can be increased as people will spend what they have before it will buy less.  And of course imports will cost more if they come from countries with  less weak currencies.  And the euro is depreciating:  Just 36 hours ago the EUR/USD was $1.162;  about 12 hours before this was being written (1:20 am EST) the exchange was at $1.137; at 7:27 am EST it was $1.117; and at 1:20 pm EST it was slightly firmer at $1.124.  Get the latest at EUR/USD Overview, Investing.com.  There is more about the euro below.  Sign up for free newsletter to become an Econintersect member with access to the latest on what we find important around the internet today.

eurusd-2015-jan-16-22



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