Forex Trading on the Currency Market

219240 Resource 119241 120646 120646 1228139546614 1228139546614 Controlled Forex Trading Forecast: Rate Cuts This Week

Interest rates expected to drop in euro zone, Britain

The forex trading forecast this week calls for <a href="http://www.actionforex.com/fundamental-analysis/weekly-forex-fundamentals/weekly-economic-data-preview%3a-bank-of-england-and-ecb-set-to-lower-interest-rates-sharply-2008120170395/" target="_blank" title="interest rate cuts, BoE rates, forex trading, forex trading forecast, forex forecast, European Central Bank, interest rate decisions, recession">interest rate cuts</a>. This week, the European Central Bank and the Bank of England are expected to make interest rate decisions. The general consensus is that both the ECB and the BoE will cut rates. Up until a couple of months ago, inflation had been seen as too great a concern in both the euro zone and in Britain. Now, though, that worry is mostly over as recession sets in. Rate cuts are expected to be rather dramatic -- as much as 100 basis points in the case of the Bank of England. Also, the central banks in Australia and New Zealand are expected to ease monetary policy. 9 application/xml false BoE rates European Central Bank forex forecast forex trading forex trading forecast interest rate cuts interest rate decisions recession Forex Trading on the Currency Market World currencies in FX trading http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.4) Gecko/2008102920 Firefox/3.0.4 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 119241 blog blogsite/GFTForex/web