Day: September 22, 2008

September 22
2008

Fit Markets — Another New Forex Broker

Fit Markets was added to the list of the Forex brokers on my site today. It’s a very new broker — it went on-line in the second half of 2008. Its site is till very fresh and a bit awkward, but it’s already advertising quite aggressively on some Forex-related websites. Fit Markets is a broker created by Forex Investment Team AG, a Colombian company which is also registered in Zürich, Switzerland. Fit Markets is regulated by the Swiss banking laws and is audited by a respected Swiss company — BDO Visura. […]

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September 22
2008

$1 Trln. Bail-Out Plan May Cost Dollar Its Gain

Henry Paulson’s plan to rescue the financial institutions tied with the illiquid mortgage assets will not only cost U.S. $1 trillion of tax-payers’ money, but it may also end the dollar’s rally that was rocking the Forex market since mid July. The plan will require about $700 billion to buy out the troubled assets from the banks and other financial institutions and also […]

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