Wed
12
Mar
General Market Comments The Dollar continues to get hammered as we edge closer to the next FOMC announcement. We do expect them to cut by at least .50 and .75 or even 1.00 is not out of the question. The .50 cut is already priced into the dollar but more than that and we will likely see another leg down in the Dollar. On the flip side though, after this next cut the FOMC will have little room left to cut. So we could finally begin to see the Dollar stabilize on the back of this next FOMC
Time:
Wednesday, March 12th, 2008 at 11:52 am
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