Market awaits Fed Rate Cut

The Fed is expected to cut rates at their meeting this week as the markets are looking for help anywhere they can find it. I for one do not think it will have a big impact near term, but possible (I repeat possible) in a few months. This of course all depends on if the Banks and Financial Institutions begin to lend and we get some stability in the equity markets. Everyone I talk to is very concerned by the equity "crash" and are being more selective on where they will spend their money.

Here is a story from AOL.COM. It is a good read.

CLICK HERE

Good Luck and Good Currency Trading.