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Thread: interest rate cuts in Europe

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    Default interest rate cuts in Europe

    President Trichet, leaving the possibility of cutting interest rates in November and assures that the Euro zone will have an inflation between 2% in medium term

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    There is a prevailing sentimnet that eruo zone might fall into recession and that will bring about a ratecut from ECB, many things that the breakout by euro against dollar is a fake one and euro might just continue its downward trend.

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    For now major currencies are experiencing rate cuts to jump start their economies and their stock markets. Europe has to follow the lead from other stock markets to avoid recession.

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    analysing the news is so tricky

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    Analyzing the news can be tricky but once you get the hang out if it, it becomes an excellent tool.

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    Can anybody update me on what will be the situation of Forex after this rate cut? and how much it will affect the trading? I need this seriously so can think upon my next investments. Thank you.

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