1/5/2008 - the current market sentiment |
|
Again Plosser the fed member of Philadelphia and fisher the fed member of Dallas opposed the majority preferring no change this time. This was not out of expectation but this time, the statement indicated less worries about growth and uncertainty about inflation currently which should moderate as they mentioned indicating the cut by just .25% which was widely expected leaving the door opened for further cuts if it needed. The fed did not surprise the market again. The greenback can find
Filed under: Technical
Latest Posts
- China: Manufacturing PMI recovers slightly in December
- Oil And Gold Moving In Opposite Directions
- Support, Resistance and Range Forecast
- The Daily Forecaster
- Recent Recommended Trades
- Currency Correlations - Out Of Order !
- Forex Trading: EUR/USD Closes Right Above 100Hr Moving Average …
- USDCAD breaks below 1.1984
- FX Levels for Today. January 6, 2009
- Daily Forex Signal
- Finance And Business Articles | Can You Beat FOREX? :: Article by …
- USD/JPY Daily Outlook
- Daily Forex Signal
- Euro and Gold loses support
- Yen Falls as Risk Aversion Decreases
No Comments! Be The First!