Forex 3333 investment

Best of all forex investment , Only 1 pip , Free Practice account too.
 
HomePortalFAQSearchRegisterMemberlistUsergroupsLog in
Navigation
 Portal
 Index
 Profile
 FAQ
 Search
Free Adv & Investment

Free Advertise & Investment

 

Free Advertise

Investment

Latest topics
» what is the best crm software ?
Fri Sep 19, 2014 1:14 am by Jessia2020

» Forex Trading Strategies – Its all about Boxes
Sat Oct 26, 2013 1:57 am by ivan2125

» forex newbie
Tue Oct 22, 2013 5:04 pm by bency888

» forex game app
Fri Aug 09, 2013 3:59 am by balibo

» Which trend should I look? The long term or short term?
Sat Aug 25, 2012 3:32 pm by asiaforexmentor

» Forex Trading Strategies & System – 2nd Chance
Sat Aug 25, 2012 12:13 am by asiaforexmentor

» Psychology Of Forex Trading
Wed Aug 15, 2012 6:35 pm by asiaforexmentor

»  Forex Trading Strategies & System – 2nd Chance
Wed Aug 08, 2012 6:27 pm by asiaforexmentor

»  Forex Trading Strategies – Fibonacci
Fri Aug 03, 2012 11:51 pm by asiaforexmentor

» Forex Trading System What happens when 1 pin fails to break?
Fri Jul 27, 2012 10:44 am by asiaforexmentor

» Forex Price Action – Why did one Price Action Pin work and not the other.
Mon Jul 16, 2012 4:57 pm by asiaforexmentor

» can u please tell me how to over come a situation like This?
Mon Jul 09, 2012 5:00 pm by asiaforexmentor

» Forex Trading Systems – Ping Pong Trade
Thu Jul 05, 2012 11:51 am by asiaforexmentor

» FOREX TRADING STRATEGIES: HOW DOES TIME FRAMES INTER-LINK?
Thu Jun 28, 2012 2:53 pm by asiaforexmentor

» The Super Power Forex Trading Secrets.
Mon Jun 11, 2012 2:58 pm by asiaforexmentor

» Price Action – Double Pin Bar
Tue Jun 05, 2012 4:05 pm by asiaforexmentor

» Forex Trading – Gaps
Mon May 28, 2012 8:05 pm by asiaforexmentor

» Spread Rebate Program
Mon May 28, 2012 4:18 pm by rion

» Should we or should we not take this trade?
Tue May 22, 2012 5:12 pm by asiaforexmentor

» How do you trade the news in forex trading?
Wed May 16, 2012 8:06 pm by asiaforexmentor

» Forex Trading Psychology: Levels of FEAR
Mon May 07, 2012 11:58 am by asiaforexmentor

» How to take this Price Action Pin Bar(Part 2)
Mon Apr 30, 2012 3:24 pm by asiaforexmentor

» How to take this Price Action Pin Bar(Part 1)
Mon Apr 23, 2012 4:46 pm by asiaforexmentor

» SOMETHING THAT I HAVE BEEN FOR YEARS IN FOREX TRADING.
Wed Apr 11, 2012 5:11 pm by asiaforexmentor

» How to be consistently profitable in forex trading.
Wed Apr 04, 2012 9:29 pm by luzfxtrader

» Are we just plain scared to trade the lower time frames in forex trading?
Mon Apr 02, 2012 4:59 pm by asiaforexmentor

» Forex Trading Is Like stacking a Pack of Cards.
Mon Mar 19, 2012 5:47 pm by asiaforexmentor

» How I Turned a Losing Trade to a Winning Trade.
Mon Mar 12, 2012 8:48 pm by asiaforexmentor

» Learn FX Trading -> Your Forex Work Station.
Tue Feb 28, 2012 2:58 pm by asiaforexmentor

» Price Action Forex -Why Forex Trading is Easy with Price Action?
Mon Feb 20, 2012 12:22 pm by asiaforexmentor

» A CRAZY FOREX TRADE I TOOK RECENTLY – 950% GROWTH IN 2 WEEKS
Mon Feb 13, 2012 1:04 pm by asiaforexmentor

» Free Daily Price Action Forex Trading Strategies & System
Mon Feb 06, 2012 1:25 pm by asiaforexmentor

» Importance of stop loss placement in forex trading.
Tue Jan 31, 2012 12:28 pm by asiaforexmentor

» Free Daily Price Action Forex Trading Strategies & System From Asia Forex M
Wed Jan 25, 2012 12:56 am by asiaforexmentor

» Let’s Make Year 2012 a Great Year.
Mon Jan 16, 2012 12:42 pm by asiaforexmentor

» How do you trade the news in forex trading?
Mon Jan 02, 2012 6:32 pm by asiaforexmentor

» Risk Management in Forex Trading.
Tue Dec 27, 2011 3:41 pm by asiaforexmentor

» What’s your winning probability?
Mon Dec 19, 2011 4:56 pm by asiaforexmentor

» Professional Forex Trading Strategies.
Wed Dec 07, 2011 4:14 pm by asiaforexmentor

» Forex News Trading – Why should you NOT trade this!
Mon Nov 28, 2011 6:10 pm by asiaforexmentor

» What is Price action?
Mon Nov 21, 2011 12:47 pm by asiaforexmentor

» What can we expect for the EUR and the USD?
Tue Nov 15, 2011 5:27 pm by asiaforexmentor

» AGGRESSIVE TRADING PSYCHOLOGY IN FOREX MARKET!
Tue Nov 08, 2011 12:07 pm by asiaforexmentor

» Online Forex Trading: Are You A Lion or a Cub?
Tue Nov 01, 2011 12:19 am by asiaforexmentor

» Whats your Risk percentage per trade?
Mon Oct 24, 2011 3:43 pm by asiaforexmentor

» WHY you should NEVER Trade Live without learning a Proper Forex Course
Mon Oct 17, 2011 2:31 pm by asiaforexmentor

» Unite World Capital Ltd. - UWCFX.com
Thu Oct 13, 2011 10:59 pm by Goldman

» Forex Breakout: Why are they so profitable?
Thu Oct 06, 2011 2:52 pm by asiaforexmentor

» How many times do you trade a week?
Sat Oct 01, 2011 9:04 pm by asiaforexmentor

» Mastering your emotions for efficient Forex Trading.
Tue Sep 13, 2011 7:49 pm by asiaforexmentor

Search
 
 

Display results as :
 
Rechercher Advanced Search

Share | 
 

 Fed to Lend $200 Billion, Take on Mortgage Securities (Update3)

View previous topic View next topic Go down 
AuthorMessage
sandy2693

avatar

Number of posts : 14
Registration date : 2008-03-03

PostSubject: Fed to Lend $200 Billion, Take on Mortgage Securities (Update3)   Tue Mar 11, 2008 11:10 pm

By Scott Lanman



March 11 (Bloomberg) -- The Federal Reserve, struggling to contain a crisis of confidence in credit markets, plans to lend up to $200 billion in exchange for mortgage-backed securities.
The Fed coordinated the effort with central banks in Europe and Canada, which plan to inject up to $45 billion into their banking systems. The Fed said in a statement it will hold auctions of Treasuries in exchange for debt including AAA rated mortgage securities sold by Fannie Mae, Freddie Mac and by banks.
Today's steps indicate the Fed is increasingly concerned about the investor exodus from mortgage debt, which threatens to deepen the housing contraction and the economic slowdown. While they fall short of the calls by some analysts for the Fed to make outright purchases of mortgage debt, the central bank left the door open to expanding the effort.
``This is the most significant step the Fed has taken so far,'' said David Resler, chief economist at Nomura Securities International Inc. in New York. ``This relieves some of the pressure'' in the credit markets, he said.
Today's steps are the latest in Chairman Ben S. Bernanke's effort to alleviate increasing strains in financial markets that are curtailing credit to homeowners and companies, even after the Fed lowered its main interest rate by 2.25 percentage points.
Last week, the Fed said it would make up to $200 billion available to banks in a separate initiative to help boost liquidity.
New Tool
The Fed today set up a new tool, the Term Securities Lending Facility, to lend Treasuries to primary dealers for 28- day periods through weekly auctions. The Fed also said it's increasing the amount of dollars available to European central banks through swap lines.
The Federal Open Market Committee authorized increasing currency swap lines with the European Central Bank and Swiss National Bank to $30 billion and $6 billion, respectively, increasing the ECB's line by $10 billion and the Swiss line by $2 billion. The Fed extended the swaps through Sept. 30.
The ECB announced it will lend banks in Europe up to $15 billion for 28 days and the SNB announced a similar auction of up to $6 billion. The Bank of England will offer $20 billion of three-month loans on March 18 and hold another auction on April 15. The Bank of Canada announced plans to purchase $4 billion of securities for 28 days.
Treasuries slid after the announcement, with yields on 10- year notes rising to 3.60 percent at 10:32 a.m. in New York, from 3.46 percent late yesterday.
Rate Expectations
Traders removed bets on the Fed to lower its benchmark rate by a full percentage point, to 2 percent, by the end of the next meeting on March 18, futures showed. The contracts indicate a 60 percent chance of a 0.75 percentage-point reduction.
The Fed's auctions of Treasuries, which will begin March 27, may be secured by collateral including agency and private residential mortgage-backed securities, the Fed said. The central bank ``will consult with primary dealers on technical design features'' of the new tool.
Primary dealers are a group of 20 banks and securities firms that trade Treasuries directly with the Fed Bank of New York.
To contact the reporter on this story: Scott Lanman in Washington at slanman@bloomberg.net Last Updated: March 11, 2008 10:33 EDT
Back to top Go down
View user profile
 
Fed to Lend $200 Billion, Take on Mortgage Securities (Update3)
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Access Engineering to go for Rs.5 billion IPO
» IOC considering setting up a US$ 3.5 billion worth oil refinery in Sri Lanka
» Sri Lanka to issue Treasury Bills for15 billion rupees
» Mihin Lanka accumulates RS.8.5 Billion Loss
» Settlement with JPMorgan over mortgage fraud

Permissions in this forum:You cannot reply to topics in this forum
Forex 3333 investment :: Free Advertise :: Post All Free Advertise-
Jump to: