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#15 (permalink)

10-09-2007, 10:48 AM

vnmonica

Member

Join Date: Dec 2006

Posts: 48

Quote:

Originally Posted by Antonio Sousa

vnmonica

I believe the trigger for a large recover in the U.S. dollar will be the next 10/31 FED meeting.
The market is divided between a 25 bps (48%) cut and no cut at all (52%) and this month Inflation numbers could well make the difference.

But if the Fed doesn't cut the rate, that would imply that the economy wasn't doing as badly as some thought and it may not be necessary. Therefore, the US would gain strength. But if the Fed did cut the rate, that would imply that things realy are a recession-looming possibility and the US would lose strength. Is this correct?

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