Euro QE will bring the US rate-rises closer and send the dollar soaring

Euro QE will bring the US rate-rises closer and send the dollar soaring. The anticipated timing of that first Fed increase inched forward as the ECB unveiled its government-bond purchase program. Investors now expect the U.S. central bank to boost borrowing costs from near zero in October, after betting on a December increase just a month ago, according to futures prices compiled by Bloomberg. On the path of the dollar, Shahab Jalinoos, the global head of foreign-exchange strategy at Credit Suisse in New York says All of these countries are easing, or in an environment where potential immediate easing action is a real possibility, you don't need to price in a near-term Fed rate hike. All you need is a Fed that's neutral and you see the dollar outperform. Full article: (VIEW LINK)