Today’s Forex Market

Our nations turmoil has led investors to lose confidence in the dollar verse other currencies. If you think about it, the best economic indicators we have can be traced back to currency fluctuations. Investors buy and hold currencies in good times, and sell in bad, to pay the bills at home. This seems to be the current movement due to our nations crisis which will force the government to make some drastic moves to stabilize the financial doings of aggressive currency fluctuations. The Euro has become week, and the fear of rising inflation through Europe has a detrimental effect on society. Japan’s Yen verse the dollar became to strong, and this had a huge effect on the exportation of goods, so both events can land problems for a countries economy. The sub prime crisis has lifted currencies to a new level of respect. The sovereign debt crisis in Europe has had an equally crushing effect on the Euro. The last 12 years have been so turbulent in these Forex markets that it’s no wonder that Forex trading platforms have become so popular amongst investors. However, with the Banks doing more and more business with Forex brokers, it’s easy to see why Investors are making the switch to trading Currencies. Continue reading →