Bernanke is ready to send the EURUSD at 1.50 in very short time. The coming FOMC decision today is for Interest rates cut with 0.25% or aggressive cut with 0.50%. The meeting ahead the dollar is trading at new record low levels against the euro, pound and Swiss franc. The most expecting scenario according to World-Signals.com experts is in spite the Fed action the EURUSD to break 1.45 today after that to follow recovery. Although the very positive U.S. GDP-Adv. today the dollar remain under pressure due to the expecting interest rates cut.
Join the Discussion