213333 Resource 119244 120646 120646 1222345577258 1222345577258 Controlled Down Under Currencies Rally on Bailout Plan

Risk appetite improves as bailout plan moves closer to passage

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Down under currencies are rallying today in FX trading as a proposed <a href="http://www.newsday.com/services/newspaper/printedition/thursday/news/ny-bzprez255856903sep25,0,5239285.story" target="_blank" title="bailout plan, down under currencies, risk appetite, currencies FX trading, FX trading, Australian dollar, New Zealand dollar, U.S. dollar currency trading, currency trading">bailout plan moves a little bit closer to acceptance </a>by U.S. Congress.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">The bailout plan means that the U.S. financial markets will be shored up against some of the troubles facing them, and this is creating a sense of confidence. Even thought the <a href="item/213327" target="_blank" title="bailout plan, down under currencies, risk appetite, currencies FX trading, FX trading, Australian dollar, New Zealand dollar, U.S. dollar currency trading, currency trading">bailout plan may not help the U.S. dollar</a> much in currency trading, it could help others.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">The down under currencies -- <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aXK7SiMIrQYo&refer=currency" target="_blank" title="bailout plan, down under currencies, risk appetite, currencies FX trading, FX trading, Australian dollar, New Zealand dollar, U.S. dollar currency trading, currency trading">the New Zealand dollar and the Australian dollar</a> -- are high yielding and they do very well when risk appetite is strong enough to make them beneficiaries of the carry trade.</span></font><br /> 9 application/xml false Australian dollar bailout plan currencies FX trading currency trading down under currencies FX trading New Zealand dollar risk appetite U.S. dollar currency trading World currencies in FX trading http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.2) Gecko/2008091618 Firefox/3.0.2 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 119244 blog blogsite/GFTForex/web