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Posts by "aswat"
5 Posts by member
aswat
(United States)
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
At this point it might serve the goals of the FED to let rates go up to bring in foreign investment. They don't have to be high just higher than the majors. Also higher rates will keep a tight string on recovery and maybe prevent the next bubble.
In the same line of thinking the PIGS are looking similar to the Latin American countries in the 1980s. Greece may be the new Mexico?
Any thoughts?
I think not because they will want to use other tools to withdraw liquidity if they see any inflationary pressures. They will be testing the reserve rate hikes and discount rates upwards but keep the FED Funds targeted at .25.
I would not be surprised to see another voice join the dissenter vote.
My question for anyone who has an idea is this: How could I hedge this position? What are the options?