Intraday Market Thoughts
New Premium Trades Ahead of FOMC
by
Sep 20, 2011 15:22
The Feds much anticipated twist operation will be USD-positive as long as it constitutes no increase in the Fed's balance sheet. Some say a potential surprise could be the Fed will do outright QE3 and no Twist (ie no selling of treasuries) in which case would be a clearly USD-negative. This is unlikely as the Fed usually signals its moves weeks ahead. Meanwhile, todays ZEW survey from Germany points to a looming contraction in the Eurozones largest economy. Here today's PREMIUM TRADES on EURUSD (2 trades), EURJPY, EURGBP, Gold, Silver, S&P 500 futures & more. http://ashraflaidi.com/products/sub01/access/?a=498 Non subscribers can click here: http://ashraflaidi.com/products/sub01/
Ashraf
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