Ewald Nowotny is ready to stop QE
- We are now in a situation to stop QE
- ECB will decide of future of QE by September
- Stopping QE will bring a rise in long-term interest rates
“I make no secret of the fact that we are now in a situation where, from my point of view, we should end the bond buying programme”
That’s a very hawkish comment from Nowotny but the euro isn’t moving on it. He was interviewed by a newspaper, the name of which is so long, I’m not going to bother trying to type it. EURUSD is only now knocking on the 1.2500 door.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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Nut job, proper nut job.