yes that's what they say. The currencies with risk are now the high yielding currencies because they have still to fall. Also as I understand high leveraged traders in USD based commidities, futures etc. are getting margin calls and have to get their funds back into USD. Whatever the reason I am very happy because I am have my money in $$. Will switch to euros hopefully at parity.
With the US being a net importer of goods it is hard to believe this dollar strength has any basis but the momentum is to the upside now. Dump it to parity please :) At 1.6 I was getting a little worried. EURUSD = 1.2671 now. parity next week? rgds,Ed ----- Original Message ----- From: "Tomasz Janeczko" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Friday, October 24, 2008 9:03 AM Subject: [amibroker] OT: Fed to cut rates below 1% soon ? > Hello, > > Did you see this daily effective FED rate chart: > http://www.newyorkfed.org/charts/ff/ > > Usually effective rate follows closely target rate (currently at 1.5%) > > In recent days effective FED rate dropped below 1%. > > It looks to me that FED is going to be walking in footsteps of Japan > central bank in '90s. > > Now EBC funds still at 3.75% ? They are going to cut fast, much faster > than FED, IMHO. > If situation evolves in that direction we are going to see EURUSD = 1.0 > soon > and probably Japanese Yen remaining the strongest currency for months to > come. > > Any thoughts? > > Best regards, > Tomasz Janeczko > amibroker.com > > ------------------------------------ > > **** IMPORTANT **** > This group is for the discussion between users only. > This is *NOT* technical support channel. > > ********************* > TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail directly to > SUPPORT {at} amibroker.com > ********************* > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > http://www.amibroker.com/devlog/ > > For other support material please check also: > http://www.amibroker.com/support.html > > ********************************* > Yahoo! Groups Links > > > ------------------------------------ **** IMPORTANT **** This group is for the discussion between users only. This is *NOT* technical support channel. ********************* TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com ********************* For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: http://www.amibroker.com/devlog/ For other support material please check also: http://www.amibroker.com/support.html ********************************* Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/amibroker/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
