Beware the Ides of March. If Asian central banks initiate interest rate hikes in March and western central banks lag behind...Let's just say we have a perfect storm approaches for the Euro and the Dollar.
South Korea Keeps Rates on Hold, but March Raise Seen
http://www.cnbc.com/id/41522621
"The central bank therefore decided to take a breather, and is seen raising rates in March. I think the BOK will raise rates to 3.75 percent by the end of this year, as the economic situation has recovered to that seen before the financial crisis," he added.
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