Qe3

Beginner Questions
1

Would someone tell me how FOMC QE3 would affect a cross such as GBP/JYP.

Thanks for any input

2

Basically it shouldn’t affect it at all.

If the dollar gets stronger across the board, ie the dollar index increases
then G/Y should not move.

But as the yen is strong at the moment the dollar may not affect it as much
so there becomes disparity between the yen & the pound.

In the cross you have G/U & U/Y.

3

Just have a look at your charts from QE2 time period and see what happened. Of course that doesn’t mean the same will happen again as the whole economic situation has moved on but it might give you an indication.