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Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

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Before FOMC rate decision time - expected market moves

Posted on November 4, 2009 at 6:51 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman18 Comments »

EURO and GBP are expected to swing near high during early Japanese session to slide towards close.

They are expected to firm up during early European session and then slide and drop till close of European session.Then after further dip during early US session they are expected to firmup to middle level during mid US session.

During FOMC data release time they are expected to make volatile moves and then slide.I will give the updates again with details of expected moves just before and after FOMC data release time.

Regards

Dr.Sivaraman

Tags: FOMC rate decision - expected market moves

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