Tag Archives: Currency

United States and Europe Drowning in Debt

The market made a dramatic shift August 3, 2011. Throughout the years the market would often react to various economic reports and government data. Companies would announce earnings and this would move the markets one way or the other depending … Continue reading

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Emotion Dominates Forex Trading

As with any trading and basically any human activity emotion is the dominant force. We like to believe as humans we are ruled by logic but it’s actually a combination. And most of the time the reptilian brain or the … Continue reading

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The Debt Ceiling Debacle

The US debt ceiling debate has captivated Americans over the past 2 weeks. It’s been one of the only things in the headlines basically everyday. It’s mostly just theater which has been drama and entertainment. It’s very unlikely changes are … Continue reading

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Gold Sets Another Record

Reality is setting in for the markets out there. Europe is a crumbling, smoking crater. The next dominoes to fall are likely Italy, Spain, and even France is looking shaky. Gold hit another record today at $1629 per ounce but … Continue reading

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China’s Yuan Settlement Plan Facing Hurdles

The Chinese opened up their currency the yuan, or as the locals call it the renminbi, in the summer of 2009. They did this because many trading partners wanted to settle in Chinese currency rather than having to convert into … Continue reading

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