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.
Subscribe to:
Posts (Atom)
-
Salam and hi fxworld, Trading Range is between 1.6187 to 1.6750 1. BUY Area : 1.6541 a. T1: 1.6600 b. T2: 1.6661 c. T3: 1.6750 ...
-
Bryan Rich writes: The biggest victim of the global housing and credit bubble may be the euro — the single currency of 16 European nations. ... -
Salam and hi.... Trading Range is between 1.6100 to 1.6662 1. BUY Area : 1.6349 (TP1: 1.6479 TP2: 1.6515 TP3: 1.6629) If fail CS may d...