Big Pippin’s Forex Forecast: Monday, 04/14/08
I’m not really big into fundamentals but I feel that they are important to discuss. In this section I will be posting fundamental tidbits that I find interesting from various sources. If you find an article that you think would benefit everyone, please email me (Big Pippin) with your username, the article, and a link to where members can read the entire article.
Now onto the Fundamentals:
- G7 To Intervene In Dollar Crisis?
- G7 finance ministers and central bankers on Friday said they were concerned about sharp fluctuations in major currencies since their February meeting. G7 comment implied that authorities could step into Dollar intervention, but trader and analysts doubt that would be done any time soon.
- Paulson: Change rules for Wall Street
- Treasury Secretary Henry Paulson proposed a set of sweeping changes on Monday aimed at modernizing the nation’s financial system in what could herald the biggest regulatory overhaul of Wall Street since the Great Depression.
News events to watch for tomorrow :
For a list of all of tomorrow’s news events, check out our Forex Calendar