Will the Foreign Exchange Market Be Great in 2008?

Predictable indicators seem to point toward a good year for informed currency traders. The Foreign Exchange Market will remain an exciting – and promising – arena for the serious investor.

Volatile and uncertain: these seem to be the sentiments governing the Markets at the beginning of 2008. Concerns about recession in the United States, fueled by the embattled subprime industry, rising fuel costs, cautious consumers, and a litany of other financial worries. The Fed has responded with unprecedented swiftness and purpose, slicing its rate by 125 base points in a matter of days. The current administration, along with Congress, promises rebates to American taxpayers to stimulate the economy.