Not confirmed market rumors that the Fed is not going to today, then tomorrow start again pump up the market liquidity. Bernanke promised markets quantitative easing on Wednesday, speaking before Congress, and nothing of the sort promised on Thursday, speaking before the Senate.
The ECB, on the contrary, throw into the market more than 310 billion euros, if you take the net result of yesterday's operation at a reduced provision of liquidity. Here at once started for the dollar, the Swiss National Bank has also helped, spending is rumored to have intervened against the franc by buying U.S. dollars. It seems to be going to what is necessary to buy USD and ruble in the foreign market as a trend, a positive for the dollar.
Perhaps this is true, but it is short-term trend, do not get carried away. Because the Fed does not say about the new policy of easing the situation in the economy was better. And if there is progress in the growth of world economy, will rise to new purchases of currencies of developing countries.
The ECB, on the contrary, throw into the market more than 310 billion euros, if you take the net result of yesterday's operation at a reduced provision of liquidity. Here at once started for the dollar, the Swiss National Bank has also helped, spending is rumored to have intervened against the franc by buying U.S. dollars. It seems to be going to what is necessary to buy USD and ruble in the foreign market as a trend, a positive for the dollar.
Perhaps this is true, but it is short-term trend, do not get carried away. Because the Fed does not say about the new policy of easing the situation in the economy was better. And if there is progress in the growth of world economy, will rise to new purchases of currencies of developing countries.
Global-Wide Currency Collapse Imminent - Get Ready
ReplyDeleteAn orchestrated global-wide collapse in fake fiat monies is imminent.
Be prepared.
Two top issues to face are:
1) Remove those in control who prevent us from solving the energy issue.
2) Fight tooth & nail to preserve a free & open Internet; our Guardian of Freedom.
http://youtu.be/WzmLSHyJPew