SubscribeDaily Forex Commentary for April 27, 2009
April 24th, 2009 • Related • Filed Under
April 27, 2009
U.S. Dollar Could Gain from Speculators Looking for Failing Banks
Friday was “Stress Test Day” and the 19 major banks analyzed by the Fed received the preliminary results of the recent stress tests performed by the top bank. These results will let the banks know what they need to do to achieve stability and where they are at risk. Some will be told they need capital now. Others will be informed of future situations where they would need to shore up capital requirements.
Only preliminary results were released …
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