Chief Markets Analyst of FX Solutions, Joseph Trevisani, analyzes the desired effects of the second quantitative easing – a weaker dollar, something the Fed cannot admit. Speaking with Julie Sinha on Forex TV, Trevisani marked the next levels for EUR/USD in the long term., and went to speak about various long term issues on the agenda.
Trevisani discusses the ability of the Fed to change their mind, as they turned around from an exit strategy to another QE program. He goes on to talk about other central banks, such as the BOE, ECB and the BOJ, with the chances of intervention. Trevisani doubts the effects of another intervention in the yen.
The frustrating pound is also on the agenda, with the ongoing talks of a QE program in the UK, and its pricing in the markets.
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