IntegrityFX's Commentaries
Mar
10
2010
Reuters: GDP seen slowing, tying Fed hands on rates
by IntegrityFX
Overall Rating:
As we have predicted in the past, the economy is not growing at a pace that has required the Federal Reserve to raise rates. Instead, any growth has been moderate and allowed the Fed to stick to its plan of leaving rates low for an extended period of time.
With the Fed’s hands tied on rates, this will continue to pour cheap liquidity into the markets. So absent poor data, expect the USD to weaken and [...]
Tags: joshua-habben
