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U.S. Dollar Index forecast

U.S. Federal Reserve’s quantitative easing stance will likely continue. The Federal Open Market Committee will announce its policy decision on April 27 2011 and will be expected to hold the benchmark rate in a range of zero to 0.25%. U.S. dollar is likely to fall versus most of its major trading partners on speculation central banks elsewhere will adopt tight monetary policy.
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Thought of the Day…

“Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.”

 

- Mark Twain

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Thought of the Day…

“I do my homework and I’m here day in, day out. Not always easy; sometimes I trade well, sometimes I trade badly, sometimes the odds take me out but I strive to respect my plan, I come back strong, everyday. Nothing can go wrong if a trader respects his plan, nothing. Solid, no BS > work hard, do your homework, business a usual.”

- Just a Thought

 

http://50pipsfx.com/2011/04/22/thought-of-the-day-358/

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Sven Goran-Eriksson takes adviser to court,

It is claimed by Goran-Eriksson’s lawyers that Khan said they should both invested in a block of 92 luxury flats on the south coast being developed by Redknapp. However, the documents said ‘Khan’s representations were false as Mr Khan did not have any money to invest’.

Redknapp’s development was predicted to make a profit of £4 million but in fact made a £4.2 million loss.   http://www.citywire.co.uk/new-model-adviser/sven-goran-eriksson-takes-adviser-to-court/a487300?ref=new-model-adviser-latest-news-list

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