Claude Monet (1840-1926) La Promenade, Argenteuil (The Walk, Argenteuil) 1875
There are limits to what BOJ can do in the sense it cannot underwrite debt due to legal constraintsDon't share view that monetary policy is reaching its limitsEven within current framework there is ample room for further easingFirst issue to analyze is what factors have hampered achievement of price targetWhat we should bear in mind when conducting monetary policy is not its limit but comparison between its benefits and costsNegative ...
Tendency: uptrend or downtrend?
H4 price broke 200 SMA to below for the breakdown of the price movement to the primary bearish reversal. The price is breaking 1.4498 support level to below for the 1.4390 bearish target.
Euro Forecast – All Eyes on ECB: Extension of QE, or just More Wait-and-See? The European economy continues to flail, that much can be widely agreed upon without further debate. Unemployment throughout the bloc remains stubbornly above the 10% threshold, and this week, more evidence contributed to the mounting case that the March ‘bazooka’ of stimulus triggered by the ECB has yet to show any additional signs of promise for the European economy. ...
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