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-- and for more on the European markets reaction there we got to London joined by nick Hastings Dow Jones Newswires senior correspondent.
Good morning -- dollar strong what do you see.
Yes very much of it is not surprising really because of course everybody's expectations are just gonna run ahead of themselves -- terms of the end of tapering.
On and that's pushing the dollar W that I should put this -- -- Europeans.
Responding to it.
In the context of what went on in Europe yesterday with a Central Bank meetings of these.
It ECB and the Bank of England.
-- -- both of them -- basically acknowledging that there economies need actually a week of monetary policy not a strong one.
And therefore they were promising and looking ahead actually giving forward guidance suggested that their rates.
Whole bunch of policy would certainly be easing further down the road so that's making it even easier to have the dollar to rise.
Against the Europeans and and this I'm so I think about Massa.
-- in the way that the European stock market that you went up on this news coming out of the US is that that that don't support and then came back down because I.
All of a -- -- and that's good news but then hold on is that it will not have such good shape ourselves.
And down they came.
Right it essentially investors seem to think that the it they need in Europe is rather the Federal Reserve to keep this kind of Obama's free money policy in place.
In order to profit helped prop up Europe and the that they made our Central Bank onboard with what Mario drive in these severe now.
Well absolutely I -- the good feeling there is that you know the last thing the Europeans in the UK.
One at the moment is for the Americans to start tape putting us on peninsula -- -- -- -- the markets because they haven't cut economies are simply not in quite as good shape.
Also and I think even more important that people looking at what's going on in China and the fact that.
-- economy -- on top of everything else.
And around the -- dabble in Europe in the eurozone is being trading partner is China since China started out it's -- -- less chance of recovering and getting itself back on its feet so.
You know the US may be the good position a relatively good position but.
When it's taking his policy decisions entirely based on what's going on in.
In the US.
There is on impact as an overflow this to -- -- spill over into the rest of the global economy to.
We got -- -- militant broke quick -- So I well of course I'm going -- -- -- You laboratory assistant -- dotted line with us we'll be -- when you walk out and -- I admit that I was.
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