10

Feb

What Did Geithner Say and How Did Currencies React?

Posted by Kathy Lien  Published in forex blog, timothy geithner treasury secretary
The Treasury Secretary has finally spoken and the markets are disappointed! The price action in the currency markets suggests that investors are disappointed by the lack of details from the Treasury’s new Financial Stability Plan and are skeptical about the effectiveness of getting the private sector involved. Furthermore, investors are not happy about being apart [...]
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10

Feb

Geithner: Will He Disappoint? Excerpts from Upcoming Speech

Posted by Kathy Lien  Published in TARP plan dollar, financial stability plan, forex blog, obama stimulus plan, timothy geithner treasury secretary
The focus in the financial markets this morning is on US Treasury Secretary Timothy Geithner. He is set to unveil the Obama Administration’s Financial Rescue Plan and the TARP portion of the plan is being rebranded as the Financial Stability Plan and the big question is “Will the rescue plan be enough to turn [...]
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