AUTOREFRESH 
Goldman sees US rebound losing steam
By Jamie Coleman || March 17, 2010 at 13:57 GMT
|| 10 comments || Add comment
Our Partners at Market News have an interesting tidbit from the economists at Goldman. Their view is that the US inventory cycle will not continue to boost GDP as it did in the fourth quarter of last year. The Fed should be able to keep rates low for a long time to come, as a result.
Stocks like low rates and are adding to recent gains, up 0.4% in early trade.
Modest position adjustment is underway in the forex market with Cable seeing a bit of profit-taking after stalling at 1.5380 earlier. The BIS was a rumored seller there, after buying the 1.5210 lows earlier…It trades now at 1.5320.
Thanks for the good work- Sorry for probably ignorant question but may I ask what is the BIS ?
Goldman must be long in EURUSD.
EU criticises ‘optimistic’ national budgets … http://news.malaysia.msn.com/top-stories/article.aspx?cp-documentid=3967285
BIS is the ” la Bank International Swiss” , in english its swiss international bank..
Actually miloud … BIS stands for Bank of International Settlement, see Forex Jargon on top of the page
pal,
go and have a look here
http://www.forexlive.com/forex-jargon
nothing to do with the swiss, by the way
BIS is bank of international settlement, it is a central bank of central banks
Tajul what is your technical telling you? EU 1.4 or 1.34?
Hello essenza … still bearish for me, 1.3500
Wow, this can only mean ONE thing: LONG DOW.
