Monday, October 27, 2008

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.

Labels:

1 Comments:

Anonymous george said...

Let me know what you think of easysolar.blogspot.com - it is a money making blog that talks a lot about forex trading. I visited the blog many times and found inspiring articles on how to always gain in forex trading. I have been losing before in forex but when I got to this blog, my trading style changed and I started making it big. In fact, I couldn’t believe what I read in the blog until I tried it myself and I have never regretted visiting the blog. It has now been easy for me to make money online through forex trading.
http://www.easysolar.blogspot.com/

2:12 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home