by Forex Gump | 5 years ago | 11:22 AM | 28 Nov 2008
Obama has a new economic advisory team in place. Obama-speak on fresh economic initiatives with a new team seems to excite investors. This leads to a return of risk appetite and investors seem to be willing to look at other options than staying hedged with dollar investments. … More…
by Forex Gump | 5 years ago | 7:57 AM | 21 Nov 2008
The answer to this question depends upon global economic conditions. A strong dollar may be helpful when the global economy is doing well and the US economy is growing as a strong dollar make imports into the US cheaper. … More…
by Forex Gump | 5 years ago | 8:23 AM | 14 Nov 2008
President elect Barrack Obama seems to have a tough job at hand as far as the economic situation is concerned. Deflating stock and real estate markets, falling consumer sentiment and rising unemployment are some of the challenges that Obama will need to address as soon as he steps into the Presidential shoes… More…
by Forex Gump | 5 years ago | 8:03 AM | 07 Nov 2008
Strange can be the relationships between different assets and stores of value. In times of a recession one could expect people to be attracted to the yellow metal due to its intrinsic value. However, and strangely too, the sight of a looming recession in Europe has had a contrary impact on Gold. … More…
by Forex Gump | 5 years ago | 3:09 PM | 03 Nov 2008
The last week was witness to rise in global stock markets coupled with a dip in the dollar and the Yen. This seemed to indicate that risk appetite was returning on the back of the rescue packages being put forth by governments all over the world. … More…