Former Fed member Meyer expects Fed to announce suspension of Treasury purchasing as early as next week

Before I go, I just spotted this article saying that former Fed Governor Laurence Meyer is expecting the Fed to announce as early as next week that they will let their plan to purchase up to $300 bln in US Treasuries expire in September as scheduled.

Into the close S&P Futures are dipping back below 1000 and Eur/Usd and Cable are retreating from their highs back dwon at 1.4415 and 1.7000 respectively. Thanks to everyone for all their comments so far this week. Jamie is back tomorrow to guide you through the days events. Happy Trading.