No monetary extra but their widening their options
Municiple/regional bonds now in play
Here's the deal;
We've met expectations for the deposit rate cut and now there's no extra QE, apart from moving the end date. Euro shorts beware
There's still the risk he drops some dovish bombs in the Q&AS. He's done so before, many times
EURUSD is up through 1.0800 to a high of 1.0817. 1.0830 is the next big resistance level
EURUSD H4 chart
Look for support to come in around 1.0650/700 but it's too early for real levels to develop yet
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
