Posted on Oct 31, 2008 in Forex
A near 800-point reversal from the Japanese yen last week says more about the state of volatility going forward for the currency than its actual direction. The past week was filled with market moving event risk and its influence over general sentiment has altered this carry currency?s bearing.
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Posted on Oct 31, 2008 in Online Trading News
Evidence of a recession piled ever higher Friday, with new figures showing Americans are spending less and gloomy about the economy, while the government signaled it won’t buy stock in the financing arms of auto companies to prop them up.
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Posted on Oct 31, 2008 in Forex
There are two elements to a successful Forex trading strategy but most traders fail to understand how the two elements combine to make a profitable Forex trading strategy. Most traders don’t understand the link and lose…
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Posted on Oct 31, 2008 in Online Trading News
Oil prices ended the week with a modest rally Friday but couldn’t erase one ugly October: Crude capped its biggest monthly drop since futures trading began 25 years ago, weighed down as a deflated U.S. economy crushes demand for fuel.
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Posted on Oct 31, 2008 in Stocks
Everyone knows that penny stocks are risky but somehow some people are able to still get rich off of them. Many people will tell you that penny stocks are a gamble, and they can be if you are randomly picking and choosing stocks to invest in.
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