Japan: Feeling QE-asy - but no-one else is - Rabobank

By FXstreet.com | August 04, 2014 AAA

FXStreet (Guatemala) - Analysts at Rabobank explained that with it’s late July decision to taper by a further UDS10bn, the US Federal Reserve is now just two further meetings (September 17 and October 29) away from removing QE3, a bond-buying scheme that has been a key feature of global markets since November 2008.



Key Quotes:



“At the same time, the ECB still appears extremely reticent to engage in similar extraordinary monetary stimulus; indeed, recent weakness in USD/EUR is likely to offer it further encouragement in postponing the decision over the potential start date of any “QE-CB”.



“With the BOE also having long finished its round of Gilt purchases, that will leave only the BOJ as provider of extreme, direct monetary stimulus to the global economy. In that light it is worth examining the Japanese QE experience in some detail”.



comments powered by Disqus
Related Forex Analysis
  1. Weekly Trading Forecast: FX Traders Prepare for Heavy Volatility on FOMC, GDP and ...
    Forex News

    Weekly Trading Forecast: FX Traders Prepare for Heavy Volatility on FOMC, GDP and ...

  2. Trading Video: EURUSD Traders Buckle Up for FOMC, ECB Stress Tests, Risk Trends
    Forex News

    Trading Video: EURUSD Traders Buckle Up for FOMC, ECB Stress Tests, Risk Trends

  3. US Session recap: USD consolidation ahead of FOMC
    Forex News

    US Session recap: USD consolidation ahead of FOMC

  4. A market in a technical snap-shot - RBS
    Forex News

    A market in a technical snap-shot - RBS

  5. EZ gave mixed data at key timings - BBH
    Forex News

    EZ gave mixed data at key timings - BBH

Trading Center