Forex Trading and the Economy

231601 Resource 128460 120646 120646 1241539117298 1241539117298 Controlled Ben Bernanke: Recession Coming To An End

Economic activity should pick up toward the end of the year

Today, Federal Reserve Chair Ben Bernanke reported to Congress regarding the economy. He signaled that he thinks that recession is coming to an end. While the economy hasn't quite bottomed out, Bernanke insists, it should soon. After the economy bottoms out, it will be time for recovery to begin. Indeed <a href="http://www.stockmarketfunding.com/SMF-Blogs/Economic-Analysis/May-2009/Bernanke--Economy-should-grow-again-later-in-2009.aspx" target="_blank" title="Ben Bernanke, recession, economic activity, economy, economic stimulus bill, tax cuts, forex trading, U.S. dollar">Bernanke thinks that economic activity should start to pick up by the end of the year</a>. He points to evidence that the contraction of the economy -- while not stopped -- is possibly slowing.  Positive economic data, such as increased comsumer spending and a rise in <a href="item/231540" target="_blank" title="Ben Bernanke, recession, economic activity, economy, economic stimulus bill, tax cuts, forex trading, U.S. dollar">pending home sales</a>, are providing a backdrop for Bernanke's cautiously optimistic tone. He also feels that the tax cuts put into place through the economic stimulus bill will have a positive effect in raising consumer confidence and ultimately leading toward economic recovery. 9 application/xml false Ben Bernanke economic activity economic stimulus bill economy forex trading recession tax cuts U.S. dollar Forex Trading and the Economy How will economic stimulus affect the U.S. dollar? http://www.fx360.com/?aid=5704 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.10) Gecko/2009042315 Firefox/3.0.10 GTB5 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 128460 blog blogsite/GFTForex/web