Interest rates really move currencies?

Discussion in 'Trading' started by crgarcia, Nov 19, 2007.

  1. Euro bonds had lower yields than Treasury bonds, and the Federal Funds Rate has been typically lower than the Eonia (Euro OverNight Index Average, Euro equivalent of the Federal Funds Rate)

    Yet you always hear that interest rates is what really moves currencies.

    Ignorance or intentional misleading? :confused:
  2. there's more to the equation than just interest rates