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On Friday the Dollar hits its lowest level in the past three weeks, decreasing below Y97, as a result of multiple negative news reports from the American automakers, which made players instantly sell a lot of US dollar.

As the Wall Street Journal reported on Friday morning, that American auto company Chrysler LLC may file for bankruptcy as soon as next week, which will lead to a much deeper recession in the American economy, the dollar started losing its positions.

Scam

A forex scam is nothing but the model used by cheaters with an intention to misappropriate traders’ actives by offering them fast and significant profits earned by the trading at the high-risky foreign exchange market (Forex). According to experts opinion the business related to earning money on the difference of currency quotations is a deception today. On the other hand a great number of cheaters squeezing money from those who are unsuspecting are a common situation at the financial market.