Last week FED's stance on economy remain unchanged with some hint of earlier rate cut. Though in my view this may not happen too soon, but growth prospect for the time being is expected to be encouraging that should provide momentum to the US currency.
In my previous note “Why SNB Opted for Unconventional Monetary Policy” I made a closing remark about ECB quantitative easing plan and said that if the QE amount ranges around Euro ½ to ¾ Trillion, it may not be very effective, as European economy is required to bet on larger size.
The current size of ECB bond buying that will begin in March is surely more than expectation. ECB announced that it will make a monthly purchase…Continue
SNB move was sudden and had impacted global foreign exchange market and investors in many ways. The surprise decision to terminate the floor surely caught everyone wrong footed impacting currencies, stocks, gold, oil, brokerage houses and traders or businesses that has Swiss connection.One such example are the CHF borrowers opting for loan due to zero interest rate policy. Swiss National Bank introduced EURO/CHF floor of 1.20 CHF per Euro on…Continue
I am sure this note may be upsetting for all the richest class of the society and each one of them would disagree with me. But the real truth is that Analysis, Theories and Economic Logic's are tailor made to protect the Shareholder/Investors/Fund Managers Money or else many of them would be frequently seen loitering empty hands on the roadside due to incurring of losses caused by their bad/poor decision or investment adventurism.
Why ? Take example of…Continue