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Archive for October, 2007

Forex Trading : Market Wrap: 19 October 2007

The trading week has been rife with concerns. Phrases like retreating stocks, declining carry trades, and global credit crunch filled analysts’ reports, as risk aversion based on the weakening U.S. dollar led investors out of speculative markets and into safer financial harbors, such as Treasury notes. Stocks slid in both the Asian and United States […]

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Forex History

History of Forex Trading.
Most major currencies were backed by gold during the nineteenth century, which encouraged economic stability and international trade among the various nations. Although this gold exchange standard prevented rulers from debasing their currencies to trigger inflation, it did promote cycles of boom and bust through imports and exports until World War I […]

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