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Forex Focus September 8th to 12th

Discussion in 'Forex Videos' started by Evening Star, Sep 7, 2008.

  1. Evening Star

    Evening Star Contributing Member

    Jan 20, 2008
    Likes Received:
    Rock'n'Roll this week.
    Will post charts/text etc tomorrow.
    The first week of September saw both the euro and sterling come in for more of a pummeling at the hands of the greenback, while the yen saw its third consecutive week of gains against the dollar as traders reversed carry trades on speculation of a global recession and growing concerns for the US financial sector. This coming week is hard to call as Sunday saw the US Treasury announce historic plans to take Fannie Mae and Freddie Mac into ‘conservatorship’.


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