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Thursday, October 27, 2011

CNBC.com Evening Brief: Special Currency Trading Edition

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Thursday, Oct. 27, 2011   
  Evening Brief
Special Money In Motion Currency Trading Edition
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Talk about a turn of events. After countless false starts and delays, European leaders have finally put forth a plan to deal with the continent's debt crisis. How it will be implemented, and whether or not it is ultimately effective remains to be seen, but investors are loving it, and the Euro, which was left for dead, is on a massive rally, blasting through 140 and touching a one-month high. Is this a short squeeze, and should you fade this move? We'll tell you where we think it's going next, and how you could profit trading currencies. Plus, while the European debt deal and earnings have grabbed the spotlight this week, our economy will take center stage next week when the all-important jobs report is released. That will provide a huge catalyst for the dollar, and we will explain how our traders are playing it. And let's not forget about the Fed, which kicks off a two-day meeting on Tuesday. Any indication or hint of another round of QE will ignite a risk rally of epic proportions. And that could be your opportunity to make money using currencies, Three events, three ways to possibly make money. That's all tomorrow on Money in Motion Currency Trading.
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