FED cuts...

Bernanke once again had anti-effect.

FED cuts:
0.25% from FED fund rate (called interest rate)
0.25% from FED discount rate (bank borrow from FED)

However the effect was anti-effect. USD rally against everything - EUR, GBP, CAD, Gold!?!?!

EUR/USD down to 1.46.60-90.

Stockmarket is down 1% (now is stabilized at ~ 0%)

Oil up.

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