I've never posted here before but am a long time reader of the thread and enjoy reading it.
Just a quick question for you guys,
If the Fed announces tomorrow that there will be no QE, how far do you think the pair will drop within the day before pulling back or do you suspect it will be a free fall for a few days to an earlier level?
On the other hand how far do you think there will be a big boost to the upside if the QE is announced. Just seems like a lot might already be priced in.
Thanks
Just a quick question for you guys,
If the Fed announces tomorrow that there will be no QE, how far do you think the pair will drop within the day before pulling back or do you suspect it will be a free fall for a few days to an earlier level?
On the other hand how far do you think there will be a big boost to the upside if the QE is announced. Just seems like a lot might already be priced in.
Thanks