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benssol replied Oct 31, 2007"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 ...
Cable Update (GBPUSD)
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benssol replied Oct 31, 2007"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 ...
Cable Update (GBPUSD)
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benssol replied Oct 31, 2007The 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 ...
Cable Update (GBPUSD)
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benssol replied Oct 31, 2007may be the editing man was dreaming with a day like the prior decision day like me

Cable Update (GBPUSD)
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benssol replied Oct 31, 2007The Fed's move and its bias going to neutral is viewed by MF Global's Andrew Brenner as policymakers "desperately trying to get the markets to stop viewing them as a last resort." But the current subprime mess isn't likely to accommodate their wish. ...
Cable Update (GBPUSD)
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benssol replied Oct 31, 2007Just for the record posted @ Oct 1, 2007 8:42pm by SL in Charts Observation thread

Cable Update (GBPUSD)
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benssol replied Oct 31, 2007Cable is currently testing long-term trendline resistance at $2.0725, which might just contain the rise from the former high of $2.0650, says BNP Paribas. However, a sustained break above $2.0725 would have a direct target of $2.12, with ...
Cable Update (GBPUSD)
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benssol replied Oct 30, 2007Cable just printed a fresh 26-year high of 2.0660, and while above 2.0550 the rate's outlook will remain positive, says Royal Bank of Scotland. On the topside, the bank says a monthly close above the previous high around 2.0650 will confirm the ...
Cable Update (GBPUSD)
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benssol replied Oct 29, 2007me too, I'm not a fundis guru so I asking people who understand it but others compare this year to 1998 there was sep .25 cut then oct .25 cut then nov .25 cut and now look at the historical 98 chart everywhere they saying it's dollar buying time ...
Cable Update (GBPUSD)
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benssol replied Oct 29, 2007no cut >> markets fall hard .25 cut >> markets fall coz it's priced .5 cut >> surprise and markets rally anyone agree on this


Cable Update (GBPUSD)