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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?

To: The Wharf who wrote (189)	9/5/2012 11:03:18 AM
From: The Wharf	Read Replies (1) \| Respond to of 594

From this morning's Cashin's Comments: All Together Now – Time and space will not permit a full dissection of the topic, but there's a sense on the floor that the central banks may be discussing a grand coordinated motion. Economies are sputtering in China; Europe; the U.S.; Japan and many of the emerging nations. Additionally, many of the central banks don't exactly have unanimous boards. To go for a "grand move" could nudge the reluctant along. We'll know better tomorrow if the ECB is somewhat hopeful but vague and indefinite. They would need to leave plenty of room as discussion of coordination moves along. Tomorrow's press conference may set a global tone for weeks to come. Read more: http://www.businessinsider.com/art-cashin-traders-globally-coordinated-central-bank-action-2012-9#ixzz25bjDIyYe