zyreon
06-08-2006, 04:30 PM
Flip a coin?
Almost feel like going balls to the wall on this one, but could easily get them busted!
If I do take a punt on the fed increasing another 25bp i'll have to fly blind, maybe put in a few different orders - gotta be on my way to the airport for an assessment centre in wellington, just before the announcement.
It looks as though the market is expecting a higher chance of a pause than a hike, so could send the kiwi (et al) into a nice little downtick if they do lift rates. All in all a gamble.
Goodluck to any one with the 'temerity' to play this one.
Almost feel like going balls to the wall on this one, but could easily get them busted!
If I do take a punt on the fed increasing another 25bp i'll have to fly blind, maybe put in a few different orders - gotta be on my way to the airport for an assessment centre in wellington, just before the announcement.
It looks as though the market is expecting a higher chance of a pause than a hike, so could send the kiwi (et al) into a nice little downtick if they do lift rates. All in all a gamble.
Goodluck to any one with the 'temerity' to play this one.