See what's driving the bid and ask in the forex market with the daily "Morning Currency Wrap". Keep up to date with the geopolitical events that are on a trader's mind. Learn about the current trading themes and occasionally pick up a trade call.
Goldman Sachs says that there is a 26% chance that the Fed will cut interest rates to zero at their November meeting. Read more here. Wow, how do you think the USD will respond?
Goldman has also turned more bearish on the economy for the balance of 2010 assigning a 25% probability on GDP growth of less than 2.5%. You can see all of their gloomy charts by clicking here.
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