QE is now a tried, tested and proven method of rescuing economies from systemic collapse. However skeptical or downright hostile many factors have been to QE, it has worked. The main cry was, ”we are going to get hyperinflation from this policy.” We haven’t. In fact the exact opposite is happening, QE seems to make deflation. Who knew? It can be very good to have a policy work that is badly understood. It keeps the ravenous predators of the market at bay. If no one understands a magic ...
Trading the News: European Central Bank (ECB) Interest Rate Decision EUR/USD may continue to mark fresh monthly lows over the next 24-hours of trade should the European Central Bank (ECB) take additional steps to further support the monetary union. What’s Expected: Why Is This Event Important: Indeed, there’s growing speculation that the Governing Council will broaden the scope of its non-standard measures ...
We’ve known for 5,000 years that mass spying on one’s own people is always aimed at grabbing power and crushing dissent, not protecting us from bad guys. We’ve known for 4,000 years that debts need to be periodically written down, or the entire economy will collapse. And see this. We’ve known for 2,500 years that prolonged war bankrupts an economy. We’ve known for 2,000 years that wars are based on lies. ...
- U.S. Non-Farm Payrolls (NFP) to Pick Up From Lowest Print Since . - Jobless Rate to Hold at 6.1% for Second Consecutive Month. Trading the News: U.S. Non-Farm Payrolls A pickup in U.S. Non-Farm Payrolls (NFP) may spur a further decline in the EUR/USD as the Federal Reserve is widely expected to halt its quantitative easing (QE) program at the October 29 policy meeting. What’s Expected: Why ...