Watching the Dollar?s Weakness

In recent days, major currencies have rebounded a bit against the dollar, which rode a rally through most of the summer and the fall ... David Gilmore, partner at Foreign Exchange Analytics. Some believe that the anticipation of a bailout ... and the yields artificially low,” says Axel Merk, president of Merk Investments. “Foreign government [more...]

Date: 2008-12-15 16:26:55

Blog posts (11) | Videos (54)
 

The “Second Life” Economic Crisis

... and trade in virtual products and services. There is even a virtual currency, Linden dollars, that is convertible to real-world money on currency exchanges. [more...]

Date: 2009-01-12 13:31:29

Asian Markets welcomes Barack Obama with rally

Nikkei, Kospi extends gains while Shanghai, Sydney, Hang Seng shows some reboundThe stock markets across the Asian region welcomed Barack Obama's win ... the session higher at US$0.6048 compared to Tuesday's close of US$0.5870.The South Korean won ... Exchange on Tuesday.In the currency market, the U.S. dollar traded in the mid 99-yen levels in late Tokyo [more...]

Date: 2008-11-05 14:14:00

Yen Rises as Stock Drop Boosts Currency’s Appeal as Safe Haven

By Stanley White and Ron Harui Dec. 24 (Bloomberg) -- The yen rose against the euro and the dollar, snapping two days of losses, ... U.S. personal spending and durable goods orders dropped. The South Korean won rose on speculation ... purchases or sales of currencies to influence the exchange rate. Against the Australian dollar [more...]

Date: 2008-12-24 04:14:00

Permanent Link to

titleForex Options Trading - Cross Currency/titlecategory9/categorypbHow to?br //b/p pIn forex trading terminology, cross currency refers to a pair of currencies that do not include the U.S. dollar. It is commonplace in the forex market to exchange any foreign currency [more...]

Date: 2009-01-10 14:08:37

Tip o’ the Week: iPhone Financial Apps

With the second coming of the iPhone at our doorsteps (3G for those of you living in a cave) ... and you can explore the rest to your heart’s content. iCalc Mortgage Calculator is great for finding ... useful app is Currency Exchange. Given the free-fall of the dollar, it’s not a bad idea to have a way [more...]

Date: 2008-07-09 20:34:57

Tourist arrivals to Sabah may decline in Q1

KOTA KINABALU: With the exception of the Chinese New Year holidays, ... Dollar against our currency,” he said.He added that with the current exchange rate ... Times yesterday the Korean market was already showing a slowdown in arrival statistics due [more...]

Date: 2009-01-04 10:29:00

Is the Euro the New Dollar?

By Leo Cendrowicz / Brussels Thursday, Jan. 01, 2009 A handful of euro notes Leon Neal / AFP / Getty Europe's single currency has come of ... E.U. countries locked their national currencies together into a fixed exchange rate. Three years ... from the exchange rate volatility, which has battered them in previous downturns," Barroso said on [more...]

Date: 2009-01-05 21:52:00

Today in Russian Business - Jan 2, 2008

To the shock of citizens, the Belarus ruble has slid 20% in value as the government pegged the currency for the first time to exchange basket equally split between dollars, euros, and Russian rubles [more...]

Date: 2009-01-02 17:10:19

The Aussie Goes Down Under

Those shrimp on the barbie are getting scorched. The Australian dollar has taken a big hit in the foreign exchange markets after the Reserve Bank ... data from the Commodity Futures Trading Commission, as of Friday, large non-commercial traders (large [more...]

Date: 2008-09-02 14:49:57

Obama's Plan May Bring Ruin

Experts are now wondering what the consequences of a one-year, two trillion dollar federal deficit (with trillion dollar deficits every year beyond) ... States has the unique privilege of borrowing in the currency that other countries like to hold as foreign-exchange reserves. Yes, default is unlikely. But it is no longer unthinkable. link Obama won [more...]

Date: 2009-01-11 10:29:44

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