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Thursday, November 10, 2011

CNBC.com Evening Brief: Special Currency Trading Edition

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Thursday, Nov. 10, 2011   
  Evening Brief
Special Money In Motion Currency Trading Edition
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MONEY IN MOTION
Money in Motion Tomorrow on Money In Motion
Is France next to fall? While the world remains captivated by Italian debt yields, it's the triple-A rating of France that is grabbing the attention of some currency traders. French bond yields are creeping higher, and the moment of truth for Europe's debt crisis appears to be much closer than many market participants originally thought. If France joins Italy in the sovereign swoon, the stock market will surely get rocked. But it will provide a great opportunity for currency traders. We will break it down and tell you how you could make money trading currencies. Plus, last week it was the Greek parliament that took the spotlight. Tomorrow, it will be the Italian parliament as it takes up a key austerity vote. Passage in the upper house is expected. Less clear will be the outcome in the lower house. If the vote fails, the euro is sure to get whacked. We will tell you how currency traders are taking advantage of this important catalyst, and how you can too. And it is one of the most popular questions novice currency traders ask: How can I trade the Iraqi Dinar? The quick answer is you can't, but we'll explain why you shouldn't and give you alternative currencies to look at instead. That's all coming up tomorrow in a jammed packed edition of Money in Motion Currency Trading.
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