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Monday, August 24, 2015

DXY is getting crushed: ( flashback) Euro, the best performing currency in 2016?

https://www.linkedin.com/pulse/euro-best-performing-currency-2016-william-yii?trk=mp-reader-card

https://www.linkedin.com/pulse/euro-move-william-yii?trk=prof-post

currency war's sense where the central bank's key purpose is to suppress the interest rate as low as possible so that its currency appears utterly unattractive to its peers. And, the motivation of doing this is merely to jump start the economy through the spurring its export growth...
Now, given the success in the U.S and U.K (to certain extent), I would assume that the 1 trillion Euro QE should also be working out for the European in the coming quarters.
On the flip side, based on the assumption that Euro QE will work just like how it did for the U.S, then, Euro may well be one of the best performing currencies by 2016...

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