EUR/USD bears take control in a risk-off start to the week

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EUR/USD bears take control in a risk-off start to the week By ross_burland EURUSD RussianFederation Gas DollarIndex Politics

is hurting MSCI's broadest index of Asia-Pacific shares outside Japan that eased 0.1% and sent Japan's Nikkei 1.0% lower. Meanwhile, the markets have been trading cautiously ahead of this week’s FOMC statement. Analysts at ANZ bank explained that they are doubtful that the Fed will end QE next week, as some in the market speculate.

''From a sequencing perspective, it may be too draconian to signal a near term start to QT before QE has finished and rates have started to rise.''stock

 

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