Forex Traders and the US Economic Crisis
The recent
crisis in the US has Forex traders and investors in a serious quandary. Despite a short rally the dollar has been taking a serious beating on currency markets. The Forex market as a whole still remains a place where astute investors and fx traders can still find opportunities.
Political Haggling and the Markets
Unfortunately for international markets, political haggling over the details of the bailout are expected to last longer than predicted. The Bush administration faces some opposition from members of their own party and there are fears that the opposition will use this opportunity to tack on unrelated amendments to the bailout legislation. There are also fears that political maneuvers will delay a vote and effectively stop the 700 billion dollar bailout.


