1/5/2008 - the current market sentiment |
|
An Increased possibility that the worst has come to the financial market because of the credit crunch is helping the greenback which has just had .255 cut yesterday. The cut by just .25% has sent many messages to the market. Yes it has left the door opened for further cuts but there can be a hold and this was not priced in the market before. This current market sentiment lighten the weights on the greenback and decreased the pessimism with the first by fed's cut by .25% and the door is open
Filed under: Technical
Latest Posts
- Asian Session - Australian Retail Sales Improve
- Yesterday, the EUR/GBP fell 3.08
- Action Bias Summary Table
- Brent crosses 50 $/b level
- The euro begins the New Year at 3-week lows vs. the dollar
- The euro begins the New Year at 3-week lows vs. the dollar
- EUR/USD
- Forex Market Outlook on Majors
- Daily Forex Overview
- Fed economic outlook deteriorates further
- US: Non-manufacturing ISM unexpectedly improved
- CEE currencies track the gains of the Polish zloty
- US Treasury correction over?
- Forex Market Outlook on Majors
- U.S Market Update
No Comments! Be The First!