- Trader-Talks - Frank1, 05.01.2001, 09:07
Trader-Talks
05.01.2001 08:46:00
TT-FX traders warn of very thin market conditions today and expect some very nasty swings due to that..they prefer buying dips in eur/usd with next target 0.9625
05.01.2001 08:27:00
TT-FX to clear the missunderstandings in the market: the FED on request lowered the Discount rate by another 25 bp so total 50 bp to 5.5% yesterday just to keep the rate a half a point below the fed fund rate as usual..as the discount rate has no major market impact (fed fund rate is important) this is only a technical move and has no impact to the market
05.01.2001 08:19:00
TT-FX the FED yesterday cut discount rate overnight..25 bp...only technical move to keep up with Fed Funds move - and no market impact at all
05.01.2001 08:17:00 TT-FX sizable demand in euros again..$ drops like a stone - eur/usd up 0.9585..eur/chf 1.5295..usd/chf 1.5960
05.01.2001 08:09:00
TT-FX Gold is trading lower at $ 268 on continued selling said by speculative accounts
05.01.2001 08:04:00
TT-FX europe again plays the corrections, buying usd/chf trades up at 1.6030 and sells eur/usd trades 0.9535...eur/chf is at 1.5285 still (reason for higher eur/chf overnight is the lowering of cash bonds yesterday by 2 swiss banks)
<center>
<HR>
</center>

gesamter Thread: