The Fed chairman, Ben “Helicopter” Bernanke, is in the hot seat now. The markets are once again focusing on the next meeting of the Federal Open Market Committee (FOMC) set for Tuesday and Wednesday of this coming week. The Fed is expected to hold interest rates unchanged at this meeting but is clearly in an [...]
A record level of foreclosures is sweeping across America as the downward spiral in the real estate housing market continues. As prices fall more and more homeowners are finding themselves underwater. That is they owe more on the mortgages then the properties will bring if sold. This downward spiral feeds on itself as foreclosed homes [...]
Brazil is a huge country with plenty to offer in the fields of commodities, commerce, and vacations, no matter a persons individual preferences. In fact, there are so many things to do in Brazil, many tourists will return for a second or third visit and businessmen want to camp out there. Brazil is to commodities [...]
Forex stands for the foreign exchange market where large banks, central banks, currency speculators, multinational corporations, governments, hedge funds, and other financial markets and institutions buy or sell one currency for another. Much like stocks buyers seek to buy at the lowest available price and sellers seek to sell at the highest available price. Forex [...]
These Internet days forex charts are prepared by software which study the historical and the current data to generate the bigger forex pair picture for the trader. The trader may choose his charting software as per his needs. Many online forex dealers and brokers provide some very good charting services free as part of their [...]
Commodity prices have in many cases reached new record high levels over the past year. In spite of high prices the long term trend is still up and likely will be for a long time to come. Skilled commodity traders are indeed making their fortunes as markets soar. Commodity prices are volatile because they respond [...]
The Euro Dollar was adopted as a unit of exchange in January 1999. Those who advocated the currency believed it would strengthen Europe as an economic power, increase international trade, simplify monetary transactions, and lead to pricing equality throughout Europe. They probably did not anticipate that the Euro would become as early as 2008 a [...]