Look's Like Bernanke is set to ease....
Bernanke seems to be signaling an interest rate cut is in the works. This STORY just out on Bloomberg news outlines the reasons. I am still long dollars across the board but I am not sure if that is such a good thing in the face of this interest rate cut. My positions are as follows.
1. Long Usd/Krw
2. Long Usd/Brl
3. Long Usd/Ars
4. Long Usd/Twd
5. Short Eur/Usd
Good Luck and Good Forex Trading.
1. Long Usd/Krw
2. Long Usd/Brl
3. Long Usd/Ars
4. Long Usd/Twd
5. Short Eur/Usd
Good Luck and Good Forex Trading.
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