Chapter FOMC said today that seems to be a particularly important speech for the markets. So it was in August, when his comments on the first paved the way for further quantitative easing. His promise was repeated and amplified in the September statement, the Federal Open Market Committee. Belief that further expansion of Fed's balance sheet is on the way that adversely affects the dollar and raises many markets, so that they will be sensitive to what he says today. The dollar rebounded slightly during the night towards vysokobetovym currencies, although it has received a blow in early trading in Europe.
Forex intervention without support. Thus, unilateral interventions do not work (in Japan) and are not welcome (Weber, ECB). However, we are not in a situation where the major players are willing to agree to multilateral work on the appreciation of Asian currencies, as is currently the growth of the national currency is only a few policy options.
Translate this page
