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Happy trading all... Anyone could commentary this post?

 

BoA Merrill Lynch: dollar will keep being steady

 

Analysts at Bank of America Merrill Lynch note that after the S&P cut US credit rating the greenback performed surprisingly well. In their view, dollar will keep being steady at rather strong positions.

 

The specialists say that investors are going to the nations where growth prospects look stronger. Never the less, the bank doubts that US currency will weaken even if the Federal Reserve goes down the path of quantitative easing over the next 6 months.

 

The economists claim that though in the past, when the U.S. economy has weakened, it's been negative for the greenback, if the slowdown spreads to the rest of the world and to the emerging markets in particular, the impact on US dollar will be quite positive. According to Bank of America, there’s a real possibility of the global economic slowdown.

 

As for the short term, however, the specialists favor British pound and Japanese yen. In their view, sterling is a good alternative for those who are nervous about US dollar or the single currency, while yen will be supported by strong fundamentals despite the risk of Bank of Japan’s interventions.

 

From http://www.fbs.com/analytics/news_markets/view/8328

 

Do you think dollar really will keep being steady???

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Yeah, Good Luck everyone! Show your skill... :D

 

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Happy trading all... Anyone could commentary this post?

 

BoA Merrill Lynch: dollar will keep being steady

 

Analysts at Bank of America Merrill Lynch note that after the S&P cut US credit rating the greenback performed surprisingly well. In their view, dollar will keep being steady at rather strong positions.

 

The specialists say that investors are going to the nations where growth prospects look stronger. Never the less, the bank doubts that US currency will weaken even if the Federal Reserve goes down the path of quantitative easing over the next 6 months.

 

The economists claim that though in the past, when the U.S. economy has weakened, it's been negative for the greenback, if the slowdown spreads to the rest of the world and to the emerging markets in particular, the impact on US dollar will be quite positive. According to Bank of America, there’s a real possibility of the global economic slowdown.

 

As for the short term, however, the specialists favor British pound and Japanese yen. In their view, sterling is a good alternative for those who are nervous about US dollar or the single currency, while yen will be supported by strong fundamentals despite the risk of Bank of Japan’s interventions.

 

From http://www.fbs.com/analytics/news_markets/view/8328

 

Do you think dollar really will keep being steady???

 

i don't thik so, but i wait the news @ 19.30 wib. there are 5 news of US is release. but from my view, dollar will be under pressure in next time.. he2. it just my opinion..

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FBS proud to say...

 

happy independence day

for Indonesian Traders

 

 

http://lppkb.files.wordpress.com/2011/04/bendera_indonesia_74681d.jpg

 

 

 

Stay connected with FBS because its all about you!

 

_______________________________

FBS - FINANCE FREEDOM SUCCESS !

 

Thanks Mr.... I am Indonesian Traders, proud as Indonesian.

This independence day can be a momentum resurrection trader.

 

MERDEKA!!!

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FBS proud to say...

 

happy independence day

for Indonesian Traders

 

 

http://lppkb.files.wordpress.com/2011/04/bendera_indonesia_74681d.jpg

 

 

 

 

Stay connected with FBS because its all about you!

 

_______________________________

FBS - FINANCE FREEDOM SUCCESS !

 

thanks MR. Kaito kid...

i'm from indonesia...

today is Indonesia's independence day

and i'm so proud to be indonesian people...

:D

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