Archive for the 'economy outlook' Category




Dec 11th 2007

US Dollar’s the big winner after the announcement cut apart from a few pairs which gained back its own momentum (like USDCAD)

Let’s see the few big movements.

GBPUSD

2.0516 to 2.0334 = 182 pips move

GBPUSD 4 Hours at December US Interest Rate Announcement

AUDUSD

0.8897 to 0.8711 = 186 pips move

AUDUSD 4 Hours at December US Interest Rate Announcement

USDJPY

110.76 to 110.46 = 130 pips move

Sep 20th 2007

To me it seems the Fed rate cuts are too huge, and all these are just the tip of the iceberg as things will be unraveling in the next few months. Remember when Alan Greenspan had cut the rates back in 2002? The Dow roared and rallied to what Bernanke had did just a day back.




 Subscribe in a reader

About

You are currently browsing the No Bullshit Forex Blog, A Part of No Bullshit Network weblog archives for the 'economy outlook' category.

Longer entries are truncated. Click the headline of an entry to read it in its entirety.



Close
E-mail It