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Tuesday, September 11, 2007

forex trading

Todays FX Strategy Last updated
11 Sep 2007 11:35Further Weakening of the USD Expected
We expect EURUSD to test recent highs at 1.3852 within this week as the market participants are betting that the Fed will cut rates on the September 18th meeting.

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Strategic Portfolio
Friday, Sep 07, 2007, 13:05 GMT
Worst Nonfarm Payrolls in US since 2003. Dollar lower across the board, precious metals following higher, stocks down. Higher probability that FED is going to cut interest rate at 18th September.
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