Here Is The Best FX Play To Trade The QE Tapering Expectations – BMO

By way of QE, the US has been a persistent ‘exporter’ of domestic imbalances to non-QE countries since early 2009, and FX markets have been a constant reminder of this fact through high or ‘overvalued’ nominal exchange rates in a number developed and developing economies, says Bank of Montreal (BMO)…

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Here Is The Best FX Play To Trade The QE Tapering Expectations – BMO