Posted in Business on February 22nd, 2007 No Comments »
For those too confused to trade FX futures, too timid to deposit funds with a spot FX broker, and too lazy to switch their regular stock brokerage accounts over to something else, currency trading is still an option.
Deutsche Bank, in conjunction with a company called Powershares, has launched two exchange-traded funds (ETFs) that allow investors […]
The Euro continues to climb against the Swiss Franc to new highs since the Euro induction. Will this stop? I like to go with the cliche saying “the trend is your friend” on this one. The Eurozone fundamentally is strong where the Switzerland economy isn’t reflecting the rest of the Eurozone growth.
The CHF is also […]
I’ve recently realized that the industry I work in is a microcosm of markets globally. Retail spot forex (foreign exchange, currency trading, FX) has rapidly gone through the phases of initiation and fast growth, and is in the middle of the “new competition” phase in the United States at least. This is where […]
Posted in Business, Forex, China, India on February 5th, 2007 No Comments »
What kind of bizarre trade is this? Some are calling it the new carry trade. Bloomberg has an article describing the upsides and why it is less risky than many think.
Some reasons to take such a trade are the following:
China Yuan non-deliverable forward has an interest rate priced in at an extremely low […]
There are new companies launched every day in the forex world. Well nigh on half of them are selling products that involve getting rich quick by trading news. Trouble is, few execution services are good enough for people to consistently make money trading news. This is the case even in the world […]