Rabobank's Foley Sees No Realistic Prospect for ECB Rate Hike in 2018

The video discusses the economic outlook of the Eurozone, focusing on the strength of the euro and the role of the European Central Bank (ECB) in shaping its valuation. It highlights the differences between the ECB and the Federal Reserve, particularly in terms of interest rate hikes and quantitative easing. The discussion also covers market pricing dynamics and the importance of economic data from Germany and other Eurozone countries. The video concludes with an analysis of market trends and the psychological resistance levels in the euro-dollar exchange rate.

What role does quantitative easing play in the ECB's monetary policy discussions?

What challenges does the euro face in terms of resistance levels in the market?