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Podcast: MoneyShow MoneyMasters Podcast
Episode: BKForexâs Boris Schlossberg: the Dollar, the Yen, & the Prop Trading Explosion
Description: Boris Schlossberg is Co-Founder of BKForex.com, as well as a long-time commentator on currency market trends. In this MoneyShow MoneyMasters Podcast episode, we take a trip around the forex world, talking about forces driving the dollar, the yen, the Chinese yuan, and other world currencies. Boris starts by discussing his expectations for Federal Reserve policy, the impact of the wealth effect on the U.S. economy, and where the greenback stands vis-à -vis the other majors. He explains why the Japanese are fighting a âhopeless battleâ by intervening heavily to support the 160 dollar-yen level â and also why chatter...