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Thursday, September 15, 2011

CNBC.com Evening Brief: Special Currency Trading Edition

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Thursday, Sep. 15, 2011   
  Evening Brief
Special Money In Motion Currency Trading Edition
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MONEY IN MOTION
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Europe's never-ending debt crisis continues to haunt both the equity and currency markets, but next week, our central bank will take focus when the FOMC kicks off its two day meeting. Bond vigilante's will be watching to see if Bernanke can do the Twist, but it's the foreign exchange markets where the real action will take place, and we'll show you how you could profit using currencies. Plus, the IMF will convene in Washington next Friday for its semi-annual meeting, and officials from all the big central banks will attend. Some have called it the "Super Bowl of Currency Trading," and while we won't yet affix a Roman numeral to the event, we will show you how currency traders are setting up for it. And activist investor Bill Ackman shook up the currency markets this week at the Seeking Alpha Conference by announcing his big bet on the Hong Kong Dollar. But why should you follow him? We'll explain that and much more on Motion in Motion Currency Trading.
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