Saturday, October 11, 2008

The changing scenarios of forex marketplace

The currency of united states of america that is the us dollar has been appreciating since over one month now and if you compare all the currencies of all the countries in the world as compared to the us dollar, then you would realize that the us dollar has actually appreciated for more than twenty percent just in last one month.

I believe this is a severe alarming sign for the economy of not only the united states of america but in fact of the whole world. Now, what would happen when this particular scenario is executed in the opposite direction. What if the dollar goes down from where it stands today when the reason for the rise of us dollar is removed and goes away. I believe a massive recession will follow this scenario very soon.

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