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  • What's Next For The Fed, ECB, EUR/USD? - NAB

    From efxnews.com

    The way the central bank stars are currently aligning, with the ECB broadly expected to ease on 3 December and the BoE not joining the Fed in the rate hike camp (potentially not before 2017) points to further USD gains ahead. But it also begs the question of how long before Fed officials will be crowing that the USD is an issue and needs to be watched? Until that point arrives we assume the Fed raises the target range of the Fed funds rate by 25bps to +0.25% to 0.5% on 16 December. We believe the Fed will want to impart a view that future hikes will be gradual and will use the dot points to this end as a messaging ... (full story)

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  • Nov 10, 2015 3:56pm Nov 10, 2015 3:56pm
  •  Bankerssuck
  • | Membership Revoked | Joined May 2014 | 534 Comments
Nirp and more QE. No other way around it. Euro Usd may always vary around 1.0 - 1.5 both of them just wont buy alot in the coming years. Might just cost you 50usd for a loaf of bread in the next few years. Hence what fiat currencies are against each other is irrelevant. History shows fiat currencies lose purchasing power over time.

Specially now that all fiat currencies are at 0% or below, things will get more ridiculous when the FED openly admits to more QE and Nirp.
 
 
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  • Posted: Nov 10, 2015 1:56pm
  • Submitted by:
     eFx Newz
    Category: Fundamental Analysis
    Comments: 1  /  Views: 2,247
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