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Day: June 11, 2008
June 112008
Chilean Peso Drops as Risk Aversion Grows
The Chilean currency suffered a large daily drawdown today as the declining stock markets around the world pressed on the investors to sell their high-yielding assets including emerging economies currencies. The stock markets were declining today in U.S. and Europe as the central banks signaled a possible rate increase that would probably hurt the global economic development. While the major financial companies are still suffering from the subprime lending crisis, the inflation fears […]
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June 112008
FX Destroyer Strategy Ebook
I uploaded a new Forex ebook to the site today its called FX Destroyer. It was sent to me by one of the site visitors a couple of days ago. Although its full of advertising and it cant be considered a «real book» due to the lack of theoretical base, it offers an interesting yet simple trading strategy that is free for everyone to try. I hadnt enough time to test fully the FX Destroyer strategy that is presented in this ebook, but I hope that […]
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