According to Paul Donovan, Global Chief Economist at UBS, central banks are slowly changing quantitative policy as they are cutting cash supply. Key Quotes “It would be a very big mistake to focus on cash supply alone. Cash demand matters just as much.” “Central banks are likely to reduce cash supply as cash demand falls. This means that the liquidity available to financial markets need not change as central banks change policy.” “The problem for investors is that there is no simple measure of cash demand. Whether cash supply and cash demand are in balance is a complicated judgment.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Japan: Industrial production likely to rise in April – Nomura FX Street 5 years According to Paul Donovan, Global Chief Economist at UBS, central banks are slowly changing quantitative policy as they are cutting cash supply. Key Quotes "It would be a very big mistake to focus on cash supply alone. Cash demand matters just as much." "Central banks are likely to reduce cash supply as cash demand falls. This means that the liquidity available to financial markets need not change as central banks change policy." "The problem for investors is that there is no simple measure of cash demand. Whether cash supply and cash demand are in balance is a complicated judgment." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
