So, the Eurozone is facing a Deflationary threat and will increase its Quantitative Easing programme accordingly. The Euro should plunge about 4% against the Dollar in the next seven days.
Comments
RahulRao
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Am new to fundamental analysis. If it is facing deflation then eurozone has to increase its interest rates which means the euro will grow ??? Am i right?
russelldaily
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RahhulRao
Any market move depends on how it affects investors. Some moves are already priced in prior to the announcement. And, just because the Euro should do something; will it. While I'm not sure of a 4% move will happen if the Euro increases QE. I hope it does since I'm short the Euro. lol