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One of the few areas of finance that is benefitting from global recession is that of spread betting. Spread betting thrives on economic instability due to the fact that you not only have the ability to speculate on the increase in value of a certain financial instrument but also the decrease in value. It is... continue reading...
China has overtaken Japan to become the world's second-largest economy, the fruit of three deca... continue reading...
The June Chicago purchasing managers' index is expected to fall to 56 from 59.1 in May, according... continue reading...
The yen rose to its strongest level this year against the dollar and gained for a third day ver... continue reading...
The most recent week has been very slow for the EUR/CAD. For the better part of July, this p... continue reading...
The U.S. dollar was higher versus most major counterparts other than the Japanese yen Friday... continue reading...
EUR/USD is under 1.30 once again, after bouncing at the resistance line, suffering from w... continue reading...
It has been three years since the Bank of International Settlements’ last report on foreign excha... continue reading...
EUR/USD is under 1.30 once again, after bouncing at the resistance line, suffering from weak economic data, and with Spain causing worries once again. It now approaches the lower border of the steep uptrend channel. Here’s an update. I’ve discussed the EUR/USD uptrend channel in the article on Tuesday about Euro/Dollar at resistance. I wrote there... continue reading...
Spain will probably lose its Aaa credit rating after the country was put under review for possi... continue reading...
Month-end requirement is distorting some of the price action, especially when it comes to the J... continue reading...
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