News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Video: Can the Fed, ECB, BoJ and PBoC Hold Back Another Wave?

Video: Can the Fed, ECB, BoJ and PBoC Hold Back Another Wave?

John Kicklighter, Chief Strategist

Talking Points:

• Negative rates and quantitative easing programs are growing increasingly common among major policy groups

• The disparity in policy between Fed and its counterparts is a point of serious speculative, economic contention

• If the global economy stalls or another financial falter develops, can monetary policy reset the system again?

See the DailyFX Analysts' 1Q forecasts for the Dollar, Euro, Pound, Equities and Gold as well as our favorite 2016 trading opportunities in the DailyFX Trading Guides page.

While the Fed has been the source of much speculation and debate, global monetary policy has generally pushed to a more accommodative stance. Rate cuts have evolved into negative rates for some while open-ended quantitative easing programs are almost common. Despite the 'support' however, the expected return has come up tangibly short. Inflation goals are still far out of reach, growth is struggling and (unofficial) capital market buoyancy is slipping. The question naturally arises as to whether monetary policy can achieve what central banks want it to. Will the Fed have to abandon is counter-trend tightening regime? And, perhaps more importantly, what happens if another economic or financial crisis arises with the world already awash with stimulus? We return to the discussion of monetary policy and its capacity to 'save' the global economy and markets in today's Strategy Video.

Sign up for John’s email distribution list, here.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.