Wednesday, June 06, 2007

Rates heading higher Globally......

Here is a very good article from Trader Daily. I think it has a lot of merit. Investment houses have been changing thier calls on U.S. rates recently, from cuts this year to now looking for those cuts next year. I am thinking that the next move will be higher as I see investment into the U.S. as increasing due to the exchange rate differencial particulally in the housing market (more on this later).


Good Luck and Good Forex Trading.

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