by Gerhard Massenbauer | Apr 13, 2026 | Analysis, Markets, Multi-currency
The ‘surprise war’ launched by the US and Israel against Iran has not only caused stock markets to plummet in recent days — a 8% drop over two days is not even a particularly strong reaction — but has also effectively doubled the price of petrol....
by Gerhard Massenbauer | Apr 4, 2026 | Analysis, Markets, Multi-currency
I refer to short-term movements with low volatility as ‘noise’. In the case of EUR/USD, volatility is considered low when the currency pair’s movements remain within a range of ±3% of a reference value. At the start of the year, the EUR/USD exchange rate...
by Gerhard Massenbauer | Mar 6, 2026 | Analysis, General, Multi-currency
As expected, the Trump administration’s defeat has led to a tirade of abuse from the president and his entourage. This is as predictable as it is pathetic. The illegality of the tariffs is obvious. The Supreme Court had no option but to uphold the rulings of the...
by Gerhard Massenbauer | Mar 2, 2026 | Analysis, General, Multi-currency
The Supreme Court’s Decision Will Have Consequences Either Way It is becoming increasingly apparent that President Trump considers himself above the law and views it as a disposable tool for the executive branch to use as it sees fit. However, this is not how...
by Gerhard Massenbauer | Feb 19, 2026 | Analysis, General, Multi-currency
In the absence of any immediate, tangible triggers for a significant correction in the stock market, the positive trend for CEE currencies is expected to persist. Historically, sharp interest rate hikes have led to temporary stock market slumps, as was the case in...