U.S. Interest Rate Cuts Cause Volatility All Across the Board
December 19, 2008 11:39 am by AylonThe Fed lowered rates by 0.75 points on Tuesday December 16th; one of the dramatic moves in a bid to jumpstart the faltering U.S. economy. With rates near zero, the Fed said it would employ "all available tools," echoing Japan's ...
Britain: Is there Any Way Out of Her Economic Woes?
December 19, 2008 11:35 am by AylonThere hasn't been one day without negative economic news coming out of Britain. This comes as things get from bad to worse for the world's fifth largest economy. The question now is is there any light at the end of ...
Will the Commodity Continue its Bullish Run?
December 19, 2008 11:33 am by AylonThe price of Gold has risen steadily over the past month, from as low as $710 an ounce in Mid-November to its current price of about $874 an ounce. The main underlying issue that has affected the price of Gold ...
The Dollar’s Bubble has Burst
December 18, 2008 11:33 pm by Russell GlaserThe past 10 days of trading have finally put an end to the dollar's 3-month bullish run. The Eurodollar rose close to 16% in this time frame, effectively ending the dollar's rally. Those that sought safety in the dollar during ...
Tips for the Beginner Forex Trader
December 18, 2008 2:12 pm by Yan PettersIf you recently started trading forex with ForexYard, or if you have just opened a new account, and are about to embark your forex trading experience, I have put together a few basic ideas on how to get started, and ...
FOREYARD Feed System Upgrade
December 18, 2008 12:06 pm by AylonDear Customer, Recently, you may have noticed that our foreign exchange quotes were upgraded. This occurred 2 weeks ago when FOREYARD upgraded our entire feed system to that of a pure interbank platform. We now offer customers the ability to trade ...
Low Inflation could Trigger Deflation
December 18, 2008 12:02 pm by AylonRecently, the Department of Labor released the US Producer Price Index, showing that there was a steep drop of inflation during the month of October, as the indicator posted a 2.8% decline in prices; almost a full basis point below ...
Chinese Economy Latest to Be Hit by Global Economic Slump
December 18, 2008 11:54 am by AylonIn recent years China's economy was able to grow rapidly as it exported cheap and attractive goods, which were possible through low labor costs. More recently however, the demand for Chinese exports has dropped as the United States, Japan, the ...
Crude Oil is Likely to Plunge below $30 a Barrel
December 18, 2008 11:51 am by AylonThere are two questions that people in the financial world continue to ask themselves these days. The 1st is how long the financial crisis will last? The 2nd is how much lower will the price of Crude Oil sink? Only ...
What is the Future of the Euro-Zone Currency?
December 17, 2008 2:23 pm by Natalie R.As the European currency begins its second decade, it starts to face a serious challenge as the global crisis hits Europe with full force and continues to spread beyond the Euro-Zone bloc. The Euro currency was first introduced in January ...