Bernanke

So Mr. Bernanke says it looks like the recession is over. Everybody must rejoice. The forex trading world should rejoice. Just kidding. Big Ben sure likes to state the obvious doesn't he.

The question all forex traders should be pondering is what will the US Fed do with the interest rates? Will they start gradually raising them? Will they leave them alone? Where will the currencies go? The next year or so should be quite interesting to those of you that pay attention to the world feds and how they read and react to the improving economy. Growth in the economies of the world is not going to blow anybody over but we should start to see steady but slow growth. Watch how the feds of the world react to the new world economy. It should be interesting and probably quite comical. Forex traders get ready, should be an interesting next 12 months.