Archive for the ‘Forex Story’ Category
Monday, November 3rd, 2008
The Reserve Bank of Australia rate decision will set the stage this week as Governor Glenn Stevens is anticipated to lower the benchmark interest rate by 50bp to 5.50% ahead of the ECB and BoE policy meeting on Thursday. The central bank is expected to ease policy for the third ...
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Tuesday, January 15th, 2008
Retail sales and producer prices both contracted in the month of December, leading many traders to wonder whether the US economy will fall into recession. Spending on cars, electronics, furniture, gas station receipts, building materials, clothing and sporting goods all declined, reflecting a broad based slowdown in consumer demand. According ...
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Monday, November 19th, 2007
Was it a pause that refreshes or a sign of an intermediate term top? Dollars bulls and bears battled each other to a standstill as the pair tried but failed to make a new record high. On the other hand any attempts to take it lower were met with steadfast ...
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Sunday, October 14th, 2007
It has been a record breaking past few months in the currency markets. While the EURUSD, the most actively traded pair in the world, made headlines when it surpassed its all time high late September; the story was quickly overshadowed by the Canadian dollar which reached parity with the US ...
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Friday, September 28th, 2007
Over the past month, the value of the US dollar has fallen significantly with the once mighty greenback dropping to a record low against the Euro and a 31 year low against the Canadian dollar. For currency traders, the dollar’s weakness has provided plenty of opportunities, but for the average ...
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Thursday, August 23rd, 2007
Today’s recovery in the US stock market, carry trades and bond yields brought optimism back into the financial markets. News that BNP Paribas will be reopening its three frozen funds and reports that four of the nation’s largest banks tapped the Fed’s discount window as a vote of confidence has ...
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Tuesday, July 17th, 2007
While horror stories about high-yield bonds may be in the headlines these days, you should not get rid of these funds quite yet. The worries about hedge fund meltdowns and too many of them in existence as well as the history of tight spreads is not going to take down ...
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Friday, May 18th, 2007
With a daily turnover estimated at around $1.8 trillion the answer to the question "Does the Forex make money?" is pretty obvious.
The bigger questions is: "For whom?"
With the opportunity for anybody and everybody with a computer and an internet connection to participate in the Forex to make money in recent ...
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