On tapering, JPY and AUD are vulnerable; on No-tapering, NZD and GBP could rally | Forex Crunch: "In case of a No Taper decision
NZD: The kiwi also enjoys a strong economy and the central bank is planning rate hikes. In addition, it is a risk currency. More USD printing is certainly positive for the currency. The strongest reaction could be here.
GBP: The British economy is doing well, and we received another important reminder with the fresh publication that unemployment in the UK fell to 7.4%. So far, the pound had a hard time to gain. A no-taper decision might release some steam.
CAD: The Canadian dollar has been on the back foot, despite a low unemployment rate. One of the biggest concerns has been very low inflation. With more money flowing from the US, Canada’s all important trade partner, the Canadian dollar could reverse recent falls in a relief rally.
EUR: The common currency has been amazingly stable of late and showed a lot of resilience. While it may have run out of steam, a no-taper decision could allow it to run a bit higher."
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