Will The Dollar Buckle?

Sunday, 13 July 2008 20:37:17 GMT
Forget microeconomics. The currency market these days is trading almost exclusively on two macro themes.

One - are Fannie and Freddie about to cause a systemic collapse of the US financial system?

Two – is Iran really trying to provoke a military response from Israel? If the answer to either one of those questions is yes, the dollar may buckle under pressure.

Comments

Popular posts from this blog

Our school system teaches virtually nothing about money !