Analysts Comments

USD
Drew Matus, economist at Lehman Bros
Thu, Sep 28 2006, 15:02 GMTAFP - "Because of the slowdown in growth and the drop in energy prices, most likely the Fed will adopt a wait-and-see attitude, and extend the pause through the year-end. In 2007 we think the Fed will probably have to raise rates one more time not so much because inflation is continuing to rise but rather because it's refusing to go down."

Toni Juste, FX advisor at FXstreet.com
Thu, Sep 28 2006, 14:43 GMTFXstreet.com - "GDP numbers show, and now there is real proof of that, the US economy is not in soft landing but instead in what one might fear as the neck of a recession showing up. A decline of over 3% (annualized) in just 3 months should be enough for the Fed to take over the issue seriously."

Robert Lutts, chief investment officer for Cabot Money Management
Thu, Sep 28 2006, 14:41 GMTMSN Money - "The housing issue is a bigger issue than many will give credit and we think GDP will be soft for longer than anyone expects."

Jeoff Hall, analyst at Thomson IFR Markets
Thu, Sep 28 2006, 14:37 GMTAFX News - "Despite the softening growth from the preliminary estimate to the final estimate, the overall growth scenario for the third and fourth quarters looks healthy."