Here is the yearly chart...and it looks very much like an uptrend in the yield to me.
Fed could get very aggressive and continue bond purchases because the sole purpose for doing all this buying in the first place has been to keep interest rates down. (If you are a newer trader, price and yield work opposite.)
So, a rise in Euro/US is related to how much the fed increases their balance sheet (quantitative easing.) When they expand their balance sheet, the Dollar weakens.
There are three or four other reasons, which I will talk about in the next few posts.
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