The Obama Bounce Begins
Jan 5th, 2009 | By Chuck Butler | Category: Financial News, US Dollar & Forex TradingThe dollar bounces! ISM was simply awful! Oil rallies… Jobs Jamboree this Friday… And Now… Today’s Pfennig!
The dollar bounces! ISM was simply awful! Oil rallies… Jobs Jamboree this Friday… And Now… Today’s Pfennig!
A Santa Rally for the currencies?… Waiting for the FOMC… AUD and NZD rally… China to try and keep growth above 8%… And Now… Today’s Pfennig!
2009 could the first global recession since the 1930s, according to a UN report. But John Crooks says forex traders can use the economic slump to make big profits. He picks four currencies that will be “on the chopping block” for 2009.
With aging power plants and failing infrastructure, South Africa needs an injection of investment cash into its power sector. And while its economy technically maintains a budget surplus, it’s constantly battling things like unemployment and poverty.