| Tomorrow on Money In Motion Buy the Bounce? After a brutal and somewhat scary sell-off, the Euro is enjoying its best week in months as fears of a Eurozone breakup ease. Skeptics will say the rally is being fueled by short covering ahead of this week's Fed and ECB meetings. Either way, the Euro is solidly above the 1.25 mark a key technical level that many traders are looking to as an entry point to sell. So what should you do? We'll tell you what it will take for the euro rally to keep going and explain how our pros are playing the run. Shanghai Surprise? Plus, China's central bank gave the market a welcome gift when it lowered interest rates for the first since 2008 this week. The move immediately lifted both stocks and risk currencies, but could there be even more to come? With the Fed and ECB seemingly out of bullets, investors will look to China to pick up the slack and rescue the global economy. So what else might they do? We'll tell you what our traders expect and how they plan to profit. Yearn to Short Yen? And don't look now, but after selling off for much of the start of the year, the Yen has had a massive run against the dollar. And now, it rests just percentage points from its all-time high against greenback. This is a killer for the Japanese economy, which relies heavily on exports. The Bank of Japan which has already intervened to stem the Yen's rise this year - meets again next week, and some currency traders believe another round of intervention is in the offing. We will preview the meeting and explain how our pros are trading it. That's all coming up tomorrow in Money in Motion Currency Trading. »more info | | MONEY IN MOTION CURRENCY TRADING BLOG
| |
LATEST VIDEO
| | - Zell: You Can't Make Business the Bad Guy
Stocks may be stuck in rally mode, but are they rallying for the right reasons? Billionaire investor Sam Zell discusses his view on the investment environment now. » Watch Video - Fed's Evans: More Accommodation Would Be Good
Discussing whether Europe or China poses the greatest worry for the Federal Reserve, with Charles Evans, Federal Reserve Bank of Chicago president. » Watch Video - Pimco's El-Erian Talks Equities & Rate Cuts
Mohamed El-Erian, Pimco CEO & co-CIO, offers his view on equity market volatility, China's interest rate cut, and Ben Bernanke's remarks today. » Watch Video - CME'S Terry Duffy on Nasdaq's Facebook Compensation Plan
Terry Duffy, CME Group Executive Chairman, explains how Nasdaq's Facebook compensation plan relates to how MF Global was handled. » Watch Video - Fed Just Doesn't Have Many Tools: Cantor Fitzgerald CEO
Howard Lutnick, Cantor Fitzgerald chairman & CEO, says there is "no U.S. economy," adding that neither Ben Bernanke or President Obama have effective tools to jump-start the economy. CNBC's Tyler Mathisen, Rick Santelli & Steve Liesman weigh in. » Watch Video | | | | Money In Motion Currency Class | | | |
No comments:
Post a Comment