From yesterdays ECB release.
And people say i am off with negative rate cut, Draghi is even talking about one step over that. My plan still stays the same, short every month ECB meeting ahead of interest rate release. Would be interesting to see how deep can QE push EUR, USD is reserve currency so QE doesnt have as near impact as it would had on EUR, but then on other hand GBP is not reserve currency either and we hadnt see big inflation or GBP weakening against other currencies. Hm.
QuoteDislikedThe ECB president has once again said that any additional strengthening of the euro would warrant non-standard measures such as quantitative easing.
And people say i am off with negative rate cut, Draghi is even talking about one step over that. My plan still stays the same, short every month ECB meeting ahead of interest rate release. Would be interesting to see how deep can QE push EUR, USD is reserve currency so QE doesnt have as near impact as it would had on EUR, but then on other hand GBP is not reserve currency either and we hadnt see big inflation or GBP weakening against other currencies. Hm.