The Foreign Exchange Market’s Economic Uncertainty
The slowdown of the US economic recovery (latest estimates 2.7-2.9% instead of 3.1-3.3%), and the debilitating effects of Greece’s uncertain bailout are the driving and opposing forces creating havoc and volatility in the current foreign exchange markets. The Federal Reserve confirmed that it’s second round of QE2 (“quantitative easing” – a $600 billion bond purchase… [Read more…]
June 24, 2011
0