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US Bailout Causes Dollar And Yen To Rise

The US bailout has had a number of affects around the world one of these affects is the dollar raising. Not only is the US dollar raising in value but also the Chinese Yen is raising in value amazingly the Yen is gaining on the Euro’s. Only time will tell if the bailout was the correct choice and time is passing as banks who were bailed out are going on $400,000 vacations not pointing any fingers AIG. What sickens me is AIG not only went on one “Corporate Retreat” but this bank went to another retreat after the government told them to stop. The second retreat AIG took only cost $70,000+, this is tax payer money and this Car Insurance company should be forced to stop.

Due to the lack of credit and the markets rapid changing there is a large number of investors that are deciding that putting money into foreign currency trading is the perfect investment. This has been a raising trend due to the decrease in costs of other investments and the demand for such other investments. Knowing forex and knowing the tricks of the trade in this industry will enable the skilled forex trader to really make a killing in the new and expanding forex market.

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Added: Sunday, February 22, 2009

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