BUY Area - 1.5507
Sell Area - 1.5477
Good Luck and congratulations who got more 600 pips yesterday.
More pips to go today... grab it. Becarefull of the reversal startegy
Allah Hu.
Thursday, December 18, 2008
Reducing Interest Rate... US Fed Government
Faced with the threat of deflation, the Federal Reserve (US Federal Government) may be trying to drive the dollar lower to spur inflation at this moment.
As policy makers don't want home prices to deteriorate further, an alternative is to inflate the prices of all other goods and services: as a result, the relative prices of homes would be less expensive, so at least to help this housing sektor.
Weakening the dollar is an effective policy tool to drive up inflation as the cost of import goes up. Just be careful, the Federal Government may be getting more than it is bargaining for.
As policy makers don't want home prices to deteriorate further, an alternative is to inflate the prices of all other goods and services: as a result, the relative prices of homes would be less expensive, so at least to help this housing sektor.
Weakening the dollar is an effective policy tool to drive up inflation as the cost of import goes up. Just be careful, the Federal Government may be getting more than it is bargaining for.
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Salam ... BISMILLAH HIRR RAHHMAN NIRR RAHHIM Trading Range is between 1.6100 to 1.6500 area. 1. BUY Area : 1.6293 T1 : 1.632...
