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Fed will continue to drop rates to 3.00 range to increase worldwide reserves in USD?

Discussion in 'Forex' started by sub0, Oct 1, 2007.

sub0
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Thoughts on this statement from another board?

Quote:
Originally Posted by Summerset
Fundamentally the move to 4630 is warranted by reports that the FED rates easing cycle will take rates to the 3.00 handle. On the mid to long term this aggrevates the Macro trend of compiling Asian central bank reseves and investments in Euro. Which has been the key to the current Euro appreciation.
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#1 Oct 1, 2007

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