SubscribeDaily Forex Commentary for June 1, 2009
May 31st, 2009 • Related • Filed Under
June 1, 2009
Global Investors Express Concerns over U.S. Ability to Fund Deficit
The U.S. Dollar finished the month of May sharply lower as investors bought higher-yielding currencies betting on a speedy global economic recovery.
On Friday the U.S. Dollar was driven lower by a report which showed the U.S. economy contracted less than expected in the first quarter, but the bearish catalyst for the week was concern about the ballooning U.S. budget deficit.
Investors are no longer viewing the U.S. Dollar as a safe haven investment and may …
Read More …
More on this topic
(What's this?)
A Great Forex Trading System Anybody Can Use
(The Wild Investor, 9/27/09)
4 Super Quick Ways To Increase Profits In Forex
(Think in Trading, 9/14/09)
Foreign Exchange Trading: The Emotional Discipline of Trading Forex
(Investment U, 7/20/09)
Loading ...
Pingback by Daily Forex Commentary for June 1, 2009 on 31 May 2009:
[...] News Sources wrote an interesting post today onHere’s a quick excerptJune 1, 2009 Global Investors Express Concerns over U.S. Ability to Fund Deficit The U.S. Dollar finished the month of May sharply lower as investors bought higher-yielding currencies betting on a speedy global economic recovery. On Friday the U.S. Dollar was driven lower by a report which showed the U.S. economy contracted less than expected in the first quarter, but the bearish catalyst for the week was concern about the ballooning U.S. budget deficit. Investors are no longer viewing the U [...]