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17:08 2007/10/31
World-Signals.com forecast scenario for the EURUSD during the FOMC
Bernanke is ready tosend the EURUSD at 1.50 in very short time. The coming FOMC decision today isfor Interest rates cut with 0.25% or aggressive cut with 0.50%. The meetingahead the dollar is trading at new record low levels against the euro, pound andSwiss franc. The most expecting scenario according to World-Signals.com expertsis in spite the Fed action the EURUSD to break 1.45 today after that to followrecovery. Although the very positive U.S. GDP-Adv. today the dollar remainunder pressure due to the expecting interest rates cut.
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