DailyFX
10-29-2008, 02:10 AM
The FOMC is expected to cut rates by 50 bps bringing the overnight rate down to %1.00. Easing of this depth is almost always bearish for the local currency...http://feeds.dailyfx.com/~r/dailyfxrss/~4/435496953
complete story here... (http://feeds.dailyfx.com/~r/dailyfxrss/~3/435496953/A_Fed_Rate_Cut_Supports_1225258275041.html)
complete story here... (http://feeds.dailyfx.com/~r/dailyfxrss/~3/435496953/A_Fed_Rate_Cut_Supports_1225258275041.html)