The focus in the financial markets this morning is on US Treasury Secretary Timothy Geithner. He is set to unveil the Obama Administration’s Financial Rescue Plan and the TARP portion of the plan is being rebranded as the Financial Stability Plan and the big question is “Will the rescue plan be enough to turn [...]

Posted in TARP plan dollar, financial stability plan, forex blog, obama stimulus plan, timothy geithner treasury secretary No Comments »

In my Daily Currency Focus for GFT, I talk about whether there will be a bounce in currencies on Obama’s Inauguration Day:
On Tuesday, the United States of America will swear in a new President. Unlike many other Presidents in the past, the Obama phenomenon spans the globe. This global support has spurred speculation that [...]

Posted in President Obama, forex blog, obama dollar, obama stimulus plan 1 Comment »

The Wall Street Journal has a comprehensive article on how President Obama will be spending the Democrats’ proposed $850B economic stimulus plan. The article is definitely worth a read. Here are the highlights (click to enlarge):

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