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To: Haim R. Branisteanu who wrote (110136)6/26/2001 4:10:12 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
well, short term i'm looking for small moves with a slight upside bias...then perhaps another attempt to re-test the recent lows. look at a daily chart of the continuous silver contract...i think the Euro will trace out a roughly similar bottoming pattern. due to the fact that currency trends are very inert...see also how the dollar bottomed in the mid 90's.



To: Haim R. Branisteanu who wrote (110136)6/27/2001 12:47:46 AM
From: $Mogul  Read Replies (1) | Respond to of 436258
 
If it was priced in it would be more then 90% in the fed fund future contracts which it is not. Currently it is 40% priced in.

FOMC Meeting Fed-Funds Futures Yield Scenario A Scenario B
June 26-27 3.65% 100% odds of 1/4 point cut 40% odds of 1/2 point cut


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