------Original Message------ From: MeLinda MeLisa Sender: [email protected] To: [email protected] ReplyTo: [email protected] Subject: [StockForex] MF Global: US dollar may advance versus GBP Sent: Oct 29, 2010 10:19 AM
MF Global: US dollar may advance versus British pound Analysts at MF Global claim that there’s still the significant risk of US dollar’s surge. Such outcome is possible if the Republicans get the majority at November 2 elections in Congress as this party doesn’t support stimulus policy as the Democrats do. The specialists believe that the market will be looking at the size of a new stimulus package that’s expected to be announced on November 2-3 and here some disappointment is possible because the majority of investors have already priced quantitative easing into dollar’s rate. BNP Paribas: sell pounds versus US dollars Analysts at BNP Paribas SA still expect British pound to decline versus the greenback, even though yesterday’s data showed that the country’s GDP added 0.8% in the third quarter that is twice more than it was anticipated. The specialists advise investors to use any rebounds of the pair GBP/USD to enter a short position. According to BNP estimates, the Bank of England will extend bond purchases to support UK economic recovery already in February. The economists note that stronger figures of British economy’s growth pace weren’t unexpected for them as the country entered the third quarter with a lot of good momentum. At the same time the forward-looking indicators, especially those related to credit growth, seem to be rather weak. The bank still forecasts that pound will drop to $1.54 by the end of 2010 Source: http://marketpin.blogspot.com/ ------------------------------------ ## StockForex ## _________________ ::Forum:: All about Forex and Stock Trading ; all currency pairs. All Major World Indices, Asian Stock Index. and Individual/single stock. We're not goin' anywhere Well, it's all right here. Enjoy it !! :) _________________ http://finance.groups.yahoo.com/group/StockForex Yahoo! Groups Links Sent from my BlackBerry® ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
