For all clarity, I mailed the below last Friday morning (24/10). 
Don't understand the delay. Probs for deeper cuts have, obviously, 
gone up.

PS
--- In [email protected], "vlanschot" <[EMAIL PROTECTED]> wrote:
>
> 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" <groups@> 
> 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
> >
>


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