Right now I'm looking @ the EURO "trade-weighted index" and trin' to gleen anything that would help me understand about what the US FED does or does not do .. that will cause the EURO to slide-and-lose value - or - rise-and-gain value as June Approaches and it is "rumored" (double-speak by Bernanke ??) QE2 'MAY' or 'WILL-BE' withdrawn. From what I've listened to and read, QE2 **MAY** be withdrawn -- if it really is or not, depends on 'secret meetings behind closed doors. It appears from this chart, that the EURO is heavily influenced by what the US FED does or does-not do. Any ideas ??
I value your sharing of your insights very much. I have wabted abd beeded a few new teachers and am very happy to have found you among the many out there. I've been learning about Forex since August of 2006 and am now able to actually hang onto my 'principle' and begin adding slowly to it thru disiplined trading. I value your sharing with us here. Thank you very much !!
Bailey could be ordered to abandon inflation target in radical overhaul of Bank of England
https://t.co/Ey53AUp8l9(3 days ago)
1st target for now. we know how this cross likes risk-off https://t.co/B7gNwwnzLT(5 days ago)
Strong US figures w/out a doubt but the 75-bp hike that mkt is telling us for a meeting that's 7 weeks from now has plenty more data ahead (5 days ago)
@dominicaway i just caught the final 4 yrs of that cross. The ease at which traders made money around BoE & BoI meetings was astounding. (6 days ago)
As historic as the BoE's 50-bp rate hike and despite the bank's call for recession, Fitch says another 50-bp is on… https://t.co/BpUGOg4ZjO(6 days ago)
From what I've listened to and read, QE2 **MAY** be withdrawn -- if it really is or not, depends on 'secret meetings behind closed doors.
It appears from this chart, that the EURO is heavily influenced by what the US FED does or does-not do. Any ideas ??