TSXV:EPO.H - Post by User
Post by
FastTradeon Jun 08, 2011 2:32pm
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Post# 18688516
No QE3 : Going to be a long hard summer !
No QE3 : Going to be a long hard summer !EPO and stocks in general are not just in for a long slow summer but many including EPO are just going to get killed without a new round of Quantitative Easing.
The dollar rose against the euro and other majorcurrencies on Wednesday after a speech by Federal Reserve Chairman BenBernanke offered no sign a further round of quantitative easing is inthe works.
His comments, out late Tuesday, had weighed on the dollar in the directaftermath of the speech. But as global equities and commodities alsosold off in reaction, investors moved to the dollar and other currenciessought as safe havens.
https://www.marketwatch.com/story/dollar-index-up-but-japanese-yen-gains-2011-06-07