25 January 2010

Shares Fall

The shares and currency market is experiencing a concerning time for traders and investors - thanks mainly to US President Barack Obama's plans for major changes to the banking sector in the US, many large bank shares fell in this morning's early trade (London session).

The currency market also took a hit at the end of last week, with the pound sterling falling against the US dollar.

Meanwhile the dollar fell against the euro and the yen, also because of the Barack Big Bank Shakeup. Currency exchange traders seem to run to the yen whenever there is uncertainty in the US, while selling the dollar in droves.

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