 | Money In Motion: Currency Trading
Tomorrow on Money in Motion Currency Trading; European policy makers blew their chance last week, and the sell-off in the Euro has been both swift and severe. But could the pain just be starting? Among many market participants, speculation is growing that a major downgrade is just around the corner? That could put further pressure of the Euro and other so-called risk currencies. We will break it all down for you and tell you how our pros are playing this potential catalyst.
Plus, if ever there were a week to cover the commodities market, this is it. The surge in the dollar has destroyed gold and oil prices. The bullion bust has wreaked pain among commodity investors, but it's also presented a great opportunity for currency traders. We will explain how the sell-off in oil and gold could create a tremendous trade for commodity currencies like the Australian and New Zealand dollars.
And call it a currency shocker. We'll have a top currency trader who says the Euro is going to 1.50 in just a matter of months. It's a bold call that can make you money, and he'll be in studio to explain why.
And finally, want to know the secret to winning CNBC's Million Dollar Portfolio challenge? Well, if you're Gary Lewis, you get long the Australian dollar. It was a strategy that helped make him a millionaire, and he'll reveal how he's playing the Aussie now when he appears on Money in Motion.
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