The US Federal Reserve has turned off the money taps.
Bond buying has scaled back since the beginning of this year, but this is the first time they've been off since 2008.
Might see a steady uptrend in USD over the next year - downward pressure on inflation.
Exit of the "risky" currency's in favor of the "safe-haven" as bear market commences in stocks.
I'm thinking long term position into a sell AUDUSD.
Is it worth opening a Swap-Free Islamic Account if considering such a position.
(I'm not Islamic, I just don't want daily negative swap associated with this position.)
Bond buying has scaled back since the beginning of this year, but this is the first time they've been off since 2008.
Might see a steady uptrend in USD over the next year - downward pressure on inflation.
Exit of the "risky" currency's in favor of the "safe-haven" as bear market commences in stocks.
I'm thinking long term position into a sell AUDUSD.
Is it worth opening a Swap-Free Islamic Account if considering such a position.
(I'm not Islamic, I just don't want daily negative swap associated with this position.)