The investors are ready for tomorrow’s Fed interest
rates cut with 100 bps to 2.00%. The Fed must cut the interest rates fast to
levels of 1.5%-2.0% to be able to reduce the consequences by the credit crisis
said Peter Mill expert by World-Signals.com. The Fed had to be aggressive with
the interest rates politic during the Summer-Autumn 2007, as this decision will
come too late to help to U.S. recession. The dollar probably will be set on new
attacks to test the levels of 1.60 tomorrow. Together with the expecting new
worse U.S. housing data the chances for the dollar are just over the banks
intervention.
“The situation is out of control everywhere the
traders sell dollars,” said George Marshal economist in World-Signals. In this
market with continue forecasts for dollar weakness the trading ideas remain in
new sells of dollars.
World-Signals®
| 216-218 Desguinlei 2018 Antwerp
http://www.world-signals.com | info@world-signals.com
Legal disclaimer and risk disclosure
You should be aware of the risks involved in the foreign exchange (FX) market. The material contained here must be used at your own risk. Said material is believed to be reliable, but neither www.World-Signals.com, nor any of its employees guarantee its accuracy or validity, nor are they responsible for any errors or omissions, which may have occurred. The forex, stock, gold and crude oil signals, analysis, and recommendations made by www.World-Signals.com, and any of its employees do not provide, imply, or otherwise constitute a guarantee of performance.
All contents, signals, analysis and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied. Past performance is not indicative of future performance. The World-Signals website and material contained therein is not a solicitation to participate in the FX market.
You understand and agree that World-Signals shall not be liable for any direct, indirect, incidental, special, or consequential damages, including but not limited to, damages for loss or profits, goodwill, use, data or other intangible losses.
You agree not to reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of our services, or access to our services.