- Doing less policy action at this time could risk weakening already slow expansion, causing unwelcome disinflation
- US outlook not bright enough to support increase in rates before late 2014
- Recent oil spike, housing rents could complicate inflation picture if they persist
Reuter’s reporting.
EUR/USD sits at 1.3310, tech support in form of 100 dma lies down at 1.3295. Guess there could be some sell stops placed just below said level, but I ain’t got confirmation of such.
And with that he was gone………..
