Excerpt from: CFDs & Spread Bets
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| January 05, 2009 | | Greenback gains against euro in forex trading on Barack Obama economic stimulus plan | Financial spread betting strategy should consider that the U.S. dollar is gaining against the euro in forex trading. This is due in large part to President-elect Barack Obama's weekend address about his plans to improve the U.S. economy.
Some of the highlights of Obama's economic stimulus plan include:
- Focusing on infrastructure.
- Focusing on renewable energy.
- Tax cuts.
All of these measures are designed to help the working middle class recover -- and perhaps get the confidence to start spending money again.
| Topic Tags: Barack Obama, economic stimulus, euro forex trading, financial spread betting, spread betting, spread betting U.S. dollar, U.S. dollar | |
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