Thursday, February 12, 2009

Foreign Exchange Outlook - Euro Exchange Rate falling again

Foreign Exchage Outlook

The dollar is resuming its uptrend across the board as the US Treasury refunding is going really well and dreadful economic news continues to come out of the woodwork in Europe. The market remains skeptical about the Geithner plan, especially in Japan, but the US may be taking the
lead on regulatory and financial sector restructuring at the G7 summit that starts tomorrow.

Bye For Now
Barbara Rockefeller
Foreign Exchange Trading
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