Cable Update (GBPUSD)

aölskdfjlöaskhdjf

I'll give you 5 british pence for it lol.. hold it for a bit u will get a good ROI

"It's housing that dominates the economy, and ultimately the Fed has to move even lower, perhaps lower than 4%, to salvage the situation," Gross said in an interview on CNBC.



There is little likelihood of future interest rate cuts for the remainder of the year, said Amy Wu, a portfolio manager at Horizon Cash Management with $3 billion in assets under management. "We believe at this point that the Fed will stay the course for the balance of the year," said Wu in an email.

The sense of neutrality implied by the FOMC statement regarding the balance of risks doesn't mean the Fed is ready to keep rates steady, says Alan Ruskin at RBS Greenwich Capital. "This should not be read as the Fed closing the door on easing, but they are signaling that the bar will be set quite high for them to cut at the next meeting," he wrote in a research note.

"We have clarification now, which is slightly dollar bearish," said Jens Nordvig of Goldman Sachs after release of Fed's decision to cut rates. "The statement is one that is very balanced. They're definitely not precommitting to further easing," he said.

meanwhile................

she would eat him for breakfast

long dollar

Go back up, Go back up Damm you no bear candles allowed, Cant you read the signs



http://www.csparks.com/XMLWithoutTea...ncingBears.jpg

agreed

NO, NO, NO

"The Fed's lowering of the rates is for psychological effect," said Rich Berg at Trust Capital Partners. "All the Fed wants to is have people believe in the system." The Fed's rate cut will have no effect and "no real answer" to issues driving the markets, because the Fed is "reactive" and "the last guy to come to the party."

how are your crystal balls karmo

Our guy is getting ready.

http://media.funny.co.uk/files/2744.jpg

I have already executed a selling trade in GBP/USD. How good or bad my decision is? Or I'm too early?

Red wine, adrenaline, intreste rate cuts
What a trading day.

I can lend it to you if you like.

halloween and nfp on Friday. you might want to let your heart aware

Closed all my longs (almost two weeks long) for a very hefty profit


KA-CHING

LOL

no thanks I have mine

The chief investment officer of Pimco, Bill Gross, told daily Boersenzeitung in an interview to be published Thursday, that he expects the Federal Open Market Committee to cut the federal funds rate to 3.5% from 4.5% currently to fuel the U.S. economy's growth.

Gross said 3.5% is "the minimum" to get the US economy back on track.

Pimco is a unit of Allianz SE