Selasa, 08 April 2008

The US dollar Isn't Alone! -- IFCN Wk 18 -Tue- Equity: $749.10

The dollar is not the only currency under pressure anymore.The Gbp/Usd is getting hammered after housing data in the UK indicates that their economy is not as rock solid as they've been trumpeting.The Bank of England is expected to cut interest rates Thursday, which is a possible “buy the fact” event--- and the market is starting to price in the possibility of even more severe interest rate cuts

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