Taylor Says Fed Easing Mostly Priced Into Currencies

John Taylor, chairman and founder of FX Concepts Inc., discusses the outlook for currency markets. He mangages one of the world largest currency hedge funds and oversees $8.5 billion. He has over 30 years of experience in the foreign exchange and related fixed income markets. He is recognized as an expert in the management of foreign exchange and a pioneer in the analysis of cyclicality of foreign exchange and interest rate markets.

Taylor, speaking with Erik Schatzker on Bloomberg Television's "InsideTrack," says another round of quantitative easing is mostly priced into the market and that the U.S. dollar will weaken through the end of November before recovering.