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Forex Flash: End of QE3 at the turn of the year - Rabobank

Following the FOMC risk event, according to Rabobank senior US strategist Jan Lambts, "we expect to see the end of QE3 at the turn of the year, with the Fed slowing down the pace of asset purchases from its current $85bn/month in the second half of this year if progress towards ‘substantial improvement’ in the labor market is being made."
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Japan Feb Merchandise Trade Balance Total improves to ¥-777.5B vs ¥-1629.4B

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