Currency Risks in 2007 Outlined in UAE Seminars
The seminar will be conducted by Boris Schlossberg, Senior Currency Analyst and Amro Abdu, Senior Middle East Trading Manager of FXCM, the Wall Street currency trading firm.
Schlossbergs first presentation is Forex Trading Opportunities in 2007: How to use the US Fed, oil prices, and the Chinese market for high-probability trades.
According to Schlossberg, the key to the 2007 world economy and hence the currency market will be the US housing market, the US Federal Reserve, and China with oil prices as a wild card.
This year offers especially serious forex market risks and opportunities, said Schlossberg, because the world could face a serious economic slowdown in the second half of this year.
What happens to the global economy may well hinge on the health of the US housing market, which is currently experiencing an economic hangover.
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