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EURUSD Surges Above 1.14 As EU Inflation Expectations Tumble To Lowest Since Q€
Draghi, we have a problem. EURUSD is back above 1.14 - having retraced over half the post-Q€ collapse. More troubling though - and the entire raison d'etre of Q€ (according to officials) - forward inflation expectations are now dramatically lower than pre Q€ levels...
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So the dollar is getting weaker?
nah, the Dollar is strong. I heard it in China from the US Treasury and the Chinese students all gave a very Chinese applause to his speech
nope, it means that the more the ECB wants to print, the less inflation looks likely. a bit of a dilemma, eh? perhaps the ECB should do the... opposite? ;-)
Can't let the Euro and Dollar hit parity or the little people might become suspicious......
Draghi thinks he's going to be able to do this without actually printing. He isn't fooling anyone with his jawboning. The dumb ass had better get his printer up to warp speed pretty damn quick if he wants to get inflation going before the whole shebang comes crashing down.
Purely a function of whether you consider the EU to be part of the "developing world".
Short Eurodollar futures, call it the Leiderhosen trade or something.
Rotating to EU.
Draghi Draglo but wherever they drag em do not go.
Wait for it ... this BTFD uptick is for suckers. The EURUSD is going to parity or lower within a month.
even if the fed announce new US QE tomorrow ?
Maybe it is time people woke the FUCK UP and understood that QE is like a relay baton that is handed from nation to nation, in a gloabalised world it doesn't really matter who does the printing, just that somebody somewhere is printing.
Industry, production and labour are the foundation of capital - sheesh.
Well said, Impoverished.
The sheeple will never wakeup until they are flat broke, hungry, cold and desolate and that time is approaching.
SNB is back in euro buying business this time from behind the curtain
Like most everything European, Euro QE seems rather disappointing.
Wow, that QE stuff is working about as well as an inflatable dartboard. Any more bright ideas central bankers?
The euro is already weak. If nobody is buying eurobonds nobody is buying eurobonds because there are still bunds. Draghi will have to deal with it eventually.
Damn pesky currencies and their pesky volatility. How is a multi-national to plan? What we need is a world currency. That will fix everything. Got gold?
I'm with you, problem is too many aren't.
Don't look a gift horse in the mouth. STFR
Haha. The $usd is down almost 2% off the ECB bloviations. There's going to be a shitload of sellers in eur/usd @ the 1.1500 area (200hr and 10day avg) converge there. It shall be interesting to see who wins the battle.
Easy, just have a look at EURCHF and then make an educated guess who is back in the game.
So people finaly get it, QE=Deflation?