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. GBP/USD recovering from Asian lows
    Forex News

    GBP/USD recovering from Asian lows

  2. USD/JPY mellow on the back of USD sell-off
    Forex News

    USD/JPY mellow on the back of USD sell-off

  3. Dollar Cheered in Press, But Data and Fed Chatter Turning
    Forex News

    Dollar Cheered in Press, But Data and Fed Chatter Turning

  4. EUR/USD Downside Targets Favored Ahead of ECB on Slowing Inflation
    Forex News

    EUR/USD Downside Targets Favored Ahead of ECB on Slowing Inflation

  5. US Dollar Technical Analysis: Is a Pullback in the Cards?
    Forex News

    US Dollar Technical Analysis: Is a Pullback in the Cards?

Trading Center