Day: May 27, 2009

May 27
2009

Brazilian Real Continues Rise on Current Account Surplus

The Brazilian currency had the sharpest rise in seven days after the country’s first current account surplus in 19 months was posted this week, pushing the national equities market up. After 19 months in deficit, the Brazilian current account, which is the broadest measure of a country’s trading activity, had a surplus of $146 million, pushed mainly by a recovery in commodity prices together with a decrease in multinational companies profit remittances. The […]

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May 27
2009

Unique Forex Broker — Trade Without Deposit

SwissDealing is a new Forex broker with a unique business model that offers the no-deposit account with a free $100 to trade with. In fact, currently, you can’t deposit anything to your account even if you want to, unless your balance is negative. You are given $100 initial balance, which you can use to trade with 1:100 leverage and any single trade volume (down to 1 currency unit). If you run into a negative […]

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May 27
2009

Yen Slides on U.S. Economy Recovery

After a rebound in the North American consumer confidence, Asian stocks rallied, decreasing demand for safer investments such as the Japanese yen. The yen lost ground against currencies like the South Korean won and the Taiwanese dollar on speculations that today, a report will indicate a rise in the current home sales in the United States, which would be another evidence that the global […]

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