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Archived IMT (2010.11.03)

by Ashraf Laidi
Nov 3, 2010 15:37

The Federal Reserve has officially re-entered quantitative easing territory, announcing the purchase of $850-$900 bln in new and reinvested securities into end of Q2 2011, with a monthly average of $110 bln (new and reinvested). The policy constitutes a new form of adding liquidity into the US capital markets to stimulate bank lending. The $850-900 bln takes the form of additional purchases of $600 bln & $250-300 bln in reinvested securities.

MY VIDEO PRESENTATION FOR Reuters/Thompson on USDCHF (monthly & weekly) as well as the impending wedge in GOLD as it tests the 1330 support

the Gold part starts after 3:17 mins, when it was at 1350, now testing the bottom of the at 1330

http://link.reuters.com/xap63q

 
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