Forex Flash: QE3 likelihood has scaled back a bit- Nomura

FXStreet Team FXStreet

FXstreet.com (Barcelona) - According to a recent Thomson-Reuters survey, the median likelihood of a further QE in the US is 63% vs 70% in the July survey, says Nomura in a report. According to Aichi Amemiya, economist at the bank, "our estimated probability of the announcement of a new Federal Reserve balance sheet policy suggests the likelihood of QE3 has indeed fallen recently to 21.1% as of 6 August after oscillating around the 50%-level for a few months."

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