2009 Currency Forecasts

2008 has been a crazy year in the foreign exchange markets and hopefully 2009 will bring more steady times for the global economy as a whole. The tremendous amount of fiscal and monetary stimulus that central banks around the world have doled out should begin to have their effect in the second half of the year. Countries that will be the first to rise from the ashes are the ones whose currencies have lost the most value in 2008. In contrast, the countries whose currencies soared will have a much more difficult time recovering.

In 2009, we will be celebrating the 10 year anniversary of the Euro and in January, people around the world will cheer the inauguration of brand new US President. Obama embodies change and hopefully that change will help to pull the US economy out of recession.

Make sure you read my 2009 currency forecasts. I talk about what I expect fundamentally and technically for the following currencies in the year ahead.

US dollar forecast
Euro forecast
British pound forecast
Japanese Yen forecast
Australian dollar forecast
New Zealand dollar forecast
Canadian dollar forecast
Swiss Franc forecast

Also, I will be soaking up some sun in the Bahamas from Jan 2 – Jan 6, so there will be no new blog posts until January 7th.

3 Comments

  1. Thanks for the full and consistently great information you give. I want you to give me one more thing. You may have encountered an association for traders. Most associations want to sell you membership to make you a better trader. I want an association that will give me group health insurance benefits, tax help, pre paid legal – among other things- since I’m a trader out on his own I don’t get the benefits of big business- so I need to join a group. Do you know of one? I have been looking and couldn’t find one.
    This is way off topic but still useful information.

    Reply

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