With the upcoming press conference, from the King of the EURO and Queen of the Dollar, all this talk of monetary policy for the ECB, has really caught me of guard.
How about you ?
I must admit I didnt think the ECB was so desperate for more QE, I thought more of a stable approach would act better considering the lose of value for the EURO because as we know inflation doesnt happen over night.
As for the USD I can see a rate hike, due to the fact a rate hick would actually allow the USD to get stronger increasing spending......sorry I mean inflation to tick up.
Anyways Im curious what your thoughts are and love to hear different perspectives from fellow traders.
How about you ?
I must admit I didnt think the ECB was so desperate for more QE, I thought more of a stable approach would act better considering the lose of value for the EURO because as we know inflation doesnt happen over night.
As for the USD I can see a rate hike, due to the fact a rate hick would actually allow the USD to get stronger increasing spending......sorry I mean inflation to tick up.
Anyways Im curious what your thoughts are and love to hear different perspectives from fellow traders.
Learn, a forex trader must, unlearn and relearn he will.