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Day: March 11, 2008
March 112008
How to Control Yourself in Forex?
Joe Chalhoub presents an article about how to become a real Forex trader, not some opportunist who is trying to reap some fast rewards and become a millionaire in no time. Foreign exchange market has became very attractive for many people recently. Traders come with hopes and go without after losing some their hard-earned money. Taking control in trading, developing your own organized approach to trading […]
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March 112008
U.S. Trade Balance Improves
Although the U.S. trade balance deficit in January has actually widened compared to Decembers revised value, it was significantly below the analysts expectations. The negative difference between the exported and imported goods value was at -$58.2 billion which is slightly above the Decembers -$57.9 billion (revised up from -$58.8 billion). The trade balance deficit was expected to increase from $58.8 billion to $59.0 billion. The reason for the deficit “widening” […]
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March 112008
Korean Won and Other Asian Currencies Down Today
Today the majority of the Asian currencies, including the South Korean won, fell down on the Forex market as the investors expected that the global financial turmoil will decrease the capital inflow into the emerging Asian economies. Even the Japanese yen declined today against the other major currencies today, almost reversing the yesterdays strong gain. The South Korean won […]
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