The yen had a significant rise today against major currencies, rumors that losses in the U.S. banks will go further brought investors to buy Japanese assets, considered a «safe harbor» from the global crisis. A part from the international news, a domestic report showing that exports are decreasing at a slower pace improved the optimism even further in Japan, since for 4 months in a row, the exports […]
Read moreAfter 3 days of sequential losses, the South Korean won had its first session of gains as the American Treasury Secretary Timothy Geithner affirmed that most banks in the U.S. have «enough capital», causing a rally in assets from emerging countries. This week didnt necessarily start as a satisfactory one for KRW traders, with China failing to recover its GDP growth and after the Bank of America […]
Read moreNew VPS hosting company was listed on my site today — Swvps.com. Its a rather old VPS hosting service provider that went on-line in July 2006. It has nothing special to offer for the Forex traders but its cheap and stable enough to make it a good choice for the MetaTrader expert advisors hosting. Other highlights: Servers in both U.S. and U.K. are available $9.95 for cheapest monthly package […]
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