How will USD and EUR react to QE and ESM

Discussion in 'Forex' started by irniger, Sep 10, 2012.

  1. irniger


    This week is crucial for the EUR and USD. How will these two currencies react to the expected QE and the verdict of the German Constitutional Court to the ESM?

    Thanks, Felix
  2. yeah, you and me both. I think QE is pretty well factored in, anything negative would be very bullish for USD.

    Germany is a little more complicated, the move up in the EUR Friday was mostly in my opinion just the dollar going down due to NFP. Beats the heck out of me, your guess is a good as mine.

    Actually, I was just wondering the same thing and came over here to see if anybody had an opinion.