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Fernando
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Fernando
London, UK
Posts: 1
15 years ago
Apr 29, 2009 10:10
In Thread: Rising Yields Fight the Fed
Hi Ashraf,

Do you think the swine flu is just the perfect excuse at the right time for the FED to keep buying LTs? EURUSD chart is also confirming it by failing to stay below 1.30 after three short dips yesterday and rebounding to 1.31. On the 18th of March, EURUSD broke above 1.30 towards 1.31, and then the FED come and bought LTs. It fells that they will not want to spoil the rally right now, after all, it plays a huge role in consumer sentiment and thereby on the possibility of a recovery. Do you also feel that the FED may buy more and that there might be another spike in EURUSD?


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