ECB no policy change $EUR $USD #forex

16 apr 2015

After yesterday's ecb event i entered a short position on euro. Why? To make it short there is no policy change in sight. The plan is to devalue the euro as much as possible. Therefore central banks all over the world cut their interest rates as much as possible and create QE programs. QE programs produce cheap money which creates market bubbles and of course inflation.
sources:
ecb.europa.eu/press/pr/date/2015/html/pr150416.en.html
tradingeconomics.com/stocks
tradingeconomics.com/currencies