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Forex in 60 Seconds: Traders Pile Back Into Risk As JP Morgan Ups Their Bid for Bear Stearns (Video)
Monday, 24 March 2008 21:07:48 GMT  |  Terri Belkas, Currency Analyst
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 ·          Stronger-than-expected US existing home sales propel US dollar higher during NY morning trade, but was it really all that bullish?
 ·          Bear Stearns saga continues...
 ·          Traders return to risky assets; while the trend may continue this week, another bout of flight-to-safety could be ugly.

 Stories to watch on DailyFX

·          Carry trades have made a comeback and could continue to do so in the near-term. However, it is worth asking: Why Might the USDJPY Rally Be Short Lived?
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There's heavy event risk throughout the forex markets this week. Find out which are the 5 Most Important Events for the Forex Market This Week.

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