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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 695.49+0.4%Jan 27 4:00 PM EST
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To: GROUND ZERO™ who wrote (28413)1/14/2012 10:14:24 AM
From: Sam  Read Replies (2) of 222534
 
QE lowered interest rates by the Fed buying bonds. People tend to sell currencies with lower interest rates. But of course that isn't always true--if it was always true then the yen wouldn't be as strong as it has been. But it is true a lot of the time, if only as a knee jerk reaction short term.

You shouldn't confuse correlation with causation.
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