SaxoTV

Fed v ECB: Divided in December - what this means for EURUSD

949 views
December 01, 2015 eur, eur usd, eurchf, eureur, eurgbp, eurjpy, eurjpy price, euro, euro area, euro crisis, euro dollar, euro dollar strength, euro growth, euro pound, euro rates, euro sterling, euro strength, euro yen, euro zone, eurocrisis, eurodebt, eurodollar, europa, europe, europe gdp, europe growth, europe recession, european, european banks, european central bank, european central bank rate, european central banks, european commission, european economy, european equities, european growth, european monetary policy, european recovery, european union, eurozona, eurozone, eurozone crisis, eurozone economy, eurozone euro, eurozone growth, eurozone inflation, eurozone recession, eurozone recovery, eurusd, eurusd bearish, eurusd interest rates, eurusd trade, eurusd trade idea, eurusd trends, eyur, eyureur, fed, fed chair, fed chairman, fed chairwoman, fed meeting, fed minutes, fed news, fed policy, fed rates, fed stimulus, fed taper, fed tapering, federal, federal government, federal open market committee, federal policy meeting, federal reserve, federal reserve rate, federal reserve rate hikes, federalreserve, foreign exchange, foreign exchange market, foreign exchange strategy, forex, forex 2014, forex 2014 outlook, forex and more, forex audusd, forex buying, forex eurusd, forex exchange, forex gbpusd, forex idea, forex market, forex market overview, forex markets, forex saxo bank, forex strategy, forex trade idea, forex trade ideas, forex trading, forex trading 2014, forextrading, forward guidance, macro, macro economics, mads koefoed
This week the European Central Bank is expected to expand its easing policies; with a cut in the deposit rate and possibly an extension of the QE asset purchasing programme beyond the current end date of September 2016 into 2017.

While the ECB continues with policies aimed at weakening the Euro and boosting inflation, the US Federal Reserve is expected to hike rates. This divergence in December is already having a major effect on trading and markets. 

Saxo Bank's Head of Macro Strategy Mads Koefoed explains how he is positioning his portfolio ahead of the actual announcement from the ECB President Mario Draghi this week.