Forex Investment and Currency Trading

1 – 3 Month Outlook – past the trough
USD has yet to produce sustained upward momentum, as it continues to build a base for future gains, but upside near-term risks percolate. The threshold for good news for USD is very low, likely the result of the enormity of bad news that had been priced in [...]

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The Committee judges that, after this action, the upside risks to inflation roughly balance the downside risks to growth. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act as needed to foster price stability and sustainable economic growth.?
(FOMC statement on 31 October 2007)
However, many [...]

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Markets are reacting this morning to a speech from Ben Bernanke, where most notably he has made comments about the US dollar, and it’s ongoing deterioration. This is significant, amongst other reasons for the fact that the Fed is signalling an end to downward policy adjustments, and acknowledging the impact that globalization and US dollar [...]

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