by Fri, 20 May 2011 02:12:00 +0200
Forex Flash: Sell EUR/USD down to 1.35 on QE2 end - HSBC
FXstreet.com (Barcelona) - "With the end of QE2, we would argue it's Dollar-positive. But if the analysis is right that it does hurt US growth, it'll hurt risk assets. It might cause a small wobble in emerging markets. People will look for safety; Swissie first, Nokkie as well, but they'll like the Dollar again. So a short term rally in the Dollar with the end of QE2 is favoured. I'd be selling Euro-Dollar down to 1.35" quoted David Bloom, Global Head of FX Strategy at HSBC in a Reuters Insider interview.
Actualité du forex
Forex News
English
Français
- Forex Trade 16 Feb, Employment Change, Unemployment Rate, Ecb Publishes Feb. Monthly Report
- Oil Maintains Bullish Trend amid Middle East Tensions
- Risk Aversion Turns EUR Bearish
- USD Moves Up Following Fresh Euro-Zone Worries
- JPY Moves Up on EUR Following Greek News
- L'euro Poursuit Sa Chute, Le Marché Sanctionne Les Tergiversations Autour Du Dossier Grec
- Report du versement des aides à la Grèce, les marchés se contractent
- Le pétrole conserve une tendance haussière au milieu des tensions du Moyen-Orient
- L'aversion au risque peut avérer un Euro Baissier
- USD progresse face aux inquiétudes fraiches de l'Euro-Zone.