Euro Currency Futures Are Nearing Two-Month Highs

Eurocentric: Euro currency futures are nearing two-month highs, as talk of foreign central banks diversifying their US Dollar holdings into Euros is gaining steam. Just yesterday, the central bank governor of oil-rich Qatar announced that the bank can hold up to 40% of reserves in Euros. This comes on top of the announcement that the United Arab Emirates would be shifting 10% of its US Dollar-heavy reserves into Euros, as well. Read More....