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A USD Bull In A Market Of Limits -- March 8, 2015

A USD Bull In A Market Of Limits -- March 8, 2015

5 Years ago | March 08, 2015 00:00:00

ECB QE On Track
I mentioned last week that I felt that forex markets were starting to open up in time for Spring. Well I live in the Northeastern part of the U.S. while my forecast for forex has been working out well, my forecast for Spring has been running into a timing issue. On Thursday, the ECB met and, while no new decisions were announced, the central Bank Quantitative Easing (QE) remained on track to start this week. In response to QE, equity values for the German DAX, French CAC 40 and others have been rising, bond yields have fallen and the EURUSD has weakened. There has been chatter that U.S. equity investors have been moving into the DAX. Basis Thursday

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