World-Signals.com forecast scenario for the EURUSD during the FOMC
17:08 2007/10/31

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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