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Day: May 16, 2008
May 162008
Exto Capital Another Swiss Broker
While NFA makes its requirements more strict for the Forex brokers operating in U.S. and the senate tries to enforce the regulation with CFTC, more and more brokers choose Switzerland as their primary location. Swiss regulation is reliable and authoritative, but now it remains more liberal than in U.S. Exto Capital is a Forex broker based in Switzerland (operated by Exto Financials). They offer downloadable […]
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May 162008
Yen Continues Growth after GDP Report
The Japanese yen continued its growth today after the late yesterday release of the GDP report showed that the gross domestic product rose much better than everyone expected. Japans economy gained 0.8 percent in the first quarter of 2008 compared to the fourth quarter of 2007 and in a year-to-year comparison it expanded by the astonishing 3.3 percent as the exports to emerging markets helped growth during the global financial crisis. […]
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