After all how long could Europe tolerate a $ 2 Euro . Even Canadians are now shopping for cheaper goods in the U.S. , reversing a trade pattern of over 30 years. Even though Canada s biggest market is the United Sates and this is not very good news for Canadian , who may very well have not unreasonable fears , along with Europe and its high Euro currency valuations , of a or not so economic recession.
It is rather amazing to watch …
For example it has been reported that Sovereign Wealth Funds investments have been restricted to the European currencies markets , unless the dollar currency background becomes more in nature. In essence the European top economic officials and mandarins have given what is seen as a shot over the bow to the Middle East as well as Asian state run bodies that have been amassing vast assets worth hundreds of billions , if not good fractions of …
The newest issue of Currency Trader Magazine was released. Highlights include:
What will be hot in 2008? Price-run patterns in the USD/CAD
Will the euro bounce back?
Currencies and U.S. stock-sector returns Fundamentals supporting the buck
You can download your copy at http://www.currencytradermag.com
I mentioned back in November that the NFA had implemented new net capital requirements for Forex brokers that went in effect on December 21st, 2007. In a nutshell, brokers that offer 100:1 leverage… research but based on my understanding, the recognizable firms in trouble could be:
CMS Forex (need 10… based on October report) Forex Club (need 10 million, seriously undercapitalized based on October report) MB Trading (need 10 million, seriously undercapitalized based on October report) Easy Forex (don′t
The Indebted
IcelandReview, - 12 hours ago
No sooner had the Christmas shopping bonanza finished, that the end of year sales frenzy began, prompting consumers to return in full force to shopping
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US $0.99 (0 Bid) End Date: Monday Jan-07-2008 17:00:00 PST Bid now | Add to watch list |
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Forex Market Outlook on Majors
FXstreet.com The Foreign Exchange Market, Spain - Jan 3, 2008 by AceTrader Team www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 … |
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US Forex Market Commentary
FXstreet.com The Foreign Exchange Market, Spain - Jan 3, 2008 The Chinese yuan appreciated sharply vis-à-vis the US dollar as the greenback closed at CNY 7.2725 in the over-the-counter market, down from CNY 7.2934 and … |
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Kenya forex market delays trading for second day
Moneyweb, South Africa - Jan 2, 2008 "Market delayed opening (to) 11 am," said ACI (Association Cambiste Internationale), an association of forex dealers. There was no official closing rate … |
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US Forex Market Commentary
FXstreet.com The Foreign Exchange Market, Spain - Jan 2, 2008 The common currency reached its highest level since 5 December after crude oil briefly traded above the US$ 100.00 figure in the over-the-counter market and … |