- Time for a Rally in Carry Trades - Why is the Euro Weaker? Is a recession in the US economy in 2008 possible? Yes. Is it probable? No. Before the FOMC rate decision on Tuesday, a poll by WSJ.com put the chance of a recession at approximately 35 percent.
From: www.dailyfx.com
US Dollar Strengthens as PPI and Retail Sales Question the Validity of Recession Calls
Posted by Ruslan Abuzant at 3:48 PM
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