See what's driving the bid and ask in the forex market with the daily "Morning Currency Wrap". Keep up to date with the geopolitical events that are on a trader's mind. Learn about the current trading themes and occasionally pick up a trade call.
Tuesday, January 11, 2011
Sarkozy Just Won't Let It Go
Sarkozy plans to bring his campaign to reform the global monetary system to Washington next week. This time around he will point to riots around the world due to the escalating price of food. I don't know how this conversation will go - look President Obama, we need to replace the USD as the global reserve currency in order to contain food prices - ya right, like that's going to fly. Read more here.
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