The euro confirms its status as a "rescue island" (1)

The European currency, which just a few years ago was synonymous with political instability and speculated whether it would ever exists, attracts a large number of buyers at a time when risky assets around the world are being sold out.
Part of this is predetermined by the focus on "rescue assets" and the improving state of the euro area economy and inflation.
The rise of the euro is a reality, despite the "backwards direction" of the ECB's incentives. Mario Draghi has said several times that we need to see inflation first before a more serious normalization of interest rate policy.
And while investors do not plan to raise interest rates from the ECB, at least until 2019, according to experts, improving the economic situation on the "old continent" is hard to ignore.