Mortgage Issues Hurt China
China, who has a $1.8 trillion foreign exchange stockpile, is feeling the heat in the wake of the Fannie Mae and Freddie Mac mortgage crisis. China’s top experts are suggesting that the country diversify its reserves in order to keep the risks to the stockpile at a minimum. According to Zhang Ming, a Chinese Academy [...]
Easy-Forex Launched In United States
Easy-Forex just launched its new online foreign exchange platform in the United States which will allow traders an ‘easy and transparent’ option to make informed decisions in all of their trading options. This platform already has a strong presence in the international Forex marketplace and traders are excited by the fact that this package is [...]
More Definition Of Forex Products Needed
2007-2008 saw many banks and corporations take a major hit due to losses that were incurred because traders were not properly briefed on Forex products that were less than useful. Banks in India were hit extremely hard by these ‘mis-sold’ and half-baked products that appeared over the last year and they are proposing that stricter [...]
Bernanke Soothes Financial Markets
Federal Reserve Chairman Ben Bernanke announced that the Fed was keeping an eye on the financial markets after the dollar rebounded, thanks to a drop in the price of a barrel of oil. He went on to soothe the worries of many people by adding that the central bank is prepared to extend emergency lending [...]
Avalon Launches New Trading Software
Avalon Capital Holdings Corporation and its subsidiary, Traders Development LLC, announced the launching of a new proprietary trading software on May 6, 2008. ‘Avalon FX Pro 4.1’ is designed to help companies with their existing trading platforms by providing them a front end trading terminal. It is a stand alone trading terminal that is based [...]









