I can smell QE III or is it just Ben’s smelly feet?
Everybody is expecting Ben to announce QE3. I will gladly join the party half an hour later after the announcement. As this graph shows in four out of five instances of FEDS meeting, the dollar went down. What is it going to be this time? I would not be surprised if the market would do the exact opposite of what is everybody expecting. Have a good one and stay safe.
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