Thursday, March 19, 2009

FOMC 最不可能發出的消息 —— 印更多鈔票

所謂劏得豬多就有神庇佑,歐羅有望見底!靚女 Forex 評論員 Kathy 之前貼 FOMC 最不可能發生的那個結果發生了—— Feb 會買入更多債劵。

Least Likely Outcome: Fed Decides to Start Buying U.S. Treasuries – Dollar Negative

Investors are anxiously waiting for the Fed to announce that they will start buying U.S. Treasuries, but we do not expect it to happen this time around. They have flirted with the idea but are not ready to commitment quite yet because they want to save their last bullets for another rainy day in case the slowdown in the U.S. economy exacerbates. If they do announce a concrete plan to buy longer term Treasuries, yields would fall, stocks would probably rise and the U.S. dollar would be driven lower.

The bottom line is that the Federal Reserve is in this for the long haul and having cut interest rates aggressively over the past few months, they need to slow down and back off to see how the economy responds to all of their stimulus programs. If and only if the credit markets remain frozen and the U.S. economy refuses to improve, should they pull out their final bullets.

EURUSD 狂飆!我是否應該現在脫手手頭的 EURO ,所謂趁好就收?


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