Entries Categorized as 'President Obama'

Will There be An Obama Bounce?

Date January 19, 2009

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 [...]

Currencies Soar on Reports that Obama Picks Timothy Geithner as Treasury Secretary

Date November 21, 2008

On a day when the market had nothing to be happy about, the leak of President-elect Barack Obama’s Cabinet announcements have erased one major uncertainty for the financial markets, helping equities and currencies recover. The NY Times reports that Hillary Clinton has accepted the post of Secretary of State and NBC reports that Timothy [...]