Forex marketing

Speculators and investors are still finding their way back into the financial markets; but there are still serious doubts as to the stability that exists for these eager market participants. The promise of capital gain is still the primary draw for most as the more stable sources of income in bond yields and equity dividends are still a long ways off. Nonetheless, the capital turnover has revived liquidity to the market and bolstered confidence – perhaps long enough for economic growth to encourage capital investment and more permanent investments. However, all it would take to bring the markets crashing down is a round of profit taking or an unfavorable reaction to warnings that the government is ready to remove the stimulus safety net.
Like the rest of the world, the United States economy is expected to report positive growth in the second half of this year and really see its recovery get underway in 2010 and beyond. However, as currency traders know all too well, this is a relative game; and the strength of the dollar depends on the pace of the US recovery compared to that of its major counterparts. We will receive a definitive update on the nation’s health next week with the advance reading of 3Q GDP. In the meantime, the outlook is certainly measured. The Fed’s Beige Book offered reason for concern. While the general consensus was that many areas saw “stabilization” and “modest improvement,” labor markets were still week, there was no wage growth and credit quality was eroding.