Why the dollar is so weak?

hello traders,

A large number of members of the Committee spoke out recently and their views are well known. Prevailing view that if good data continue to the meeting, reducing QE should be. Minutes can possibly made more specific this view by answering the following questions:

       * whether they were members (except Esther George, who voted against the long loose policy), who in July would reduce?

       * or anyone else outside of Bullard fears a fall in inflation? (recall that it was at his request in July, the Committee added a sentence of low inflation)

       * whether there was a discussion about the program would be limited? (so far in this topic talked very little)

There is a risk that the minutes did not bring much new. This does not mean that the market is not going to happen. In recent times we observe a conflicting trends. On one hand, the equity markets are losing, and bond yields are rising - a signal that the market is expecting a reduction of QE. On the other hand, loses U.S. dollars, as if the Fed had simply more loosen policy.

comments are always welcome :)


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oscarjp