As reported by «Market Leader» (US)
Eurozone: Apocalypse Inevitable?
Recently the financial world has been demonstrating quite a bad tendency – the world’s major currency, the US dollar, is being ‘capricious’. Its behavior is increasingly unpredictable. The instability of the American dollar (which is now rapidly depreciating against other global currencies) is not based on objective reasons alone. According to some experts, such ‘whims’ are caused to some degree by the US Government’s manipulations with the dollar. Despite its statements that it will not be involved in possible currency wars it in fact drastically responds to some countries’ willingness to depreciate their own currencies. This situation might change after the US Fed publishes exact data on quantitative mitigation which can be carried out in terms of volumes and terms in a few stages which the Fed can modify at each step of the program depending on the then current situation in domestic and foreign markets.