So if the ECB is going to go on a spending spree and buy bonds, in the short term will this strengthen the USD or weaken it?
I think it'll garner suport for the USD for a bit and thought about playing ZSL while the usd gains, then switching over to USLV on the 11th for ben and the fed. any thoughts, insights would be appreciated.
ECB Buys Bonds
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ECB Buys Bonds
by rsk1963 » Wed Sep 05, 2012 12:01 pm
those that sacrifice liberty for security deserve neither
the bee...gathers it's materials from the flowers of the garden and of the field, but transforms and digests it by a power of it's own.
the bee...gathers it's materials from the flowers of the garden and of the field, but transforms and digests it by a power of it's own.
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Re: ECB Buys Bonds
by fb101 » Mon Sep 10, 2012 7:35 pm
Should strengthen the dollar vs the euro, at least in theory, however it may just go opposite.
I do note the dollar is sitting at a strong support level.
I do note the dollar is sitting at a strong support level.
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