Trading news regarding major announcements in the financial world.

The $700 billion question.

Postby Tropezienne on 30 Sep 2008

How does the bailout - or non bailout - affect forex trading?

I’m sure it does - but I’m not knowledgeable enough to speculate on what the details of change could possibly be.

All I know is that this is an historic time in the American economy and that it is going to affect the rest of the world. That it will be in the history books; that it will be taught about in economic classes at university; that there will more than likely be a film made about it.

I’ve been too uncertain too trade - the figures yesterday evening were changing so rapidly. It’s obvious that this extreme volatility is going to continue for some time to come.

Then I heard on the news today that most of the rest of the economies in the world are six to twelve months behind the US economy. There is going to be a huge ripple effect.

My 700 billion dollar question is - how long will it be before the forex market will be back to normal?

Julie

http://who-gives-a-forex.blogspot.com/
Julie
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