The Central Bank Environment has Changed
From vantagefx.com
he worldwide central bank environment has changed. Traders are looking to interpret things probably how they aren’t intended to be interpreted by the central banks, and ‘missed-expectations’ seems to be the buzzwords of 2016. As we said yesterday on Twitter: CARNAGE! We’ve written about Mario Draghi and the ECB crying wolf before, but Kuroda and the BoJ may have just taken the cake with yesterday’s monetary policy decision, and didn’t the markets let them know it! All the BoJ has done for months on end is speak about how bad the data out of Japan is and how they must do more to help weaken the currency to spur ...
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