I wouldnt know what this could do for the euro. Any expert opinions? Will this make the Euro recover and take off against the dollar ?
Ooops ...heres the link.... http://www.telegraph.co.uk/finance/...d-mulls-nuclear-option-of-cash-injection.html
Since its the Bank of England probably have a bigger effect on the pound. Increasing the supply of money would cause the dollar to rally versus the pound. Interest rates are like the price of money, the higher the rate the stronger the currency, other things being equal. 5yr