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Day: February 22, 2008
February 222008
Appreciation of Yuan Keeps CPI Down
The Peoples Bank of China released a monetary policy report for the fourth quarter of 2007 today. In this report, Chinese monetary authorities noted that the yuans appreciation really helps in fighting the national inflation. Consumer prices index grew significantly last year, breaking a decade old records on inflation. Although, strong yuan helped to keep inflation from accelerating, CPI was still at a high level by the end of 2007 and […]
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February 222008
Citigroup Launches Retail Forex Broker
Citigroup introduced a new retail Forex broker this year CitiFX. I uploaded the information related to this broker on my site today. CitiFX uses the trading platform made by Saxo Bank. There are no mini Forex accounts available and the minimum deposit is also very high $10,000. Leverage is lower than in majority of other broker 1:50 and 1:25 on some pairs. Demo accounts are available for free. This […]
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