Forexmentor Update

Updates & Member Contribution from Forexmentor.com

My Photo
Name:ForexMentor

Friday, October 27, 2006

U.S. Federal Reserve’s tightening cycle may not be over yet

According to Jacqueline Thorpe in the Financial Post, Wednesday, October 25/06, speculation is brewing that the U.S. Federal Reserve’s tightening cycle may not be over yet.

Meanwhile, she reports, foreign exchange players have built up a US$8.1-billion net long position on the greenback, the highest since November, 2005.

0 Comments:

Post a Comment

<< Home