CURRENCY REPORT
From last two weeks, investors were trying to be on safe side. Because of economy down, people were still facing many problems. Unemployment rate was increasing day by day. Dollar value was up in January at the first week, last two weeks dollar was falling down. Euro, pound sterling, Australian and kiwi dollar was gaining against USA dollar. Due to anomaly situation, Obama is trying to keep the economy on track that is why he decided to announce more jobs to people. He also announced about stimulus bill. His administration expected to have a bank rescue plan by next week. While senate resumed its debate about 900 billions stimulus package on Friday 02/06/09. Investor still had a phobia, and they are still hoping to have a positive result in the future.
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