Probabilities (rounded) according to: 1) Options (as of close yesterday):
1.00 -> 43% 1.25 -> 23% 0.75 -> 17% 1.50 (no change) -> 9% 2) Futures (live) 1.00 -> 66% 1.25 -> 34% Things are moving down . . . PS --- In [email protected], "Tomasz Janeczko" <[EMAIL PROTECTED]> wrote: > > 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 >
