A lot of attention was on the Swiss Franc after the Swiss National Bank caused a sharp rally and the Swiss currency sky-rocketed. This rally took some big forex brokers the opposite way and caused a financial tsunami in the financial world. While the Swiss Franc plunged in less than an hour after the announcement by the Swiss Franc there have been other currency pair which caught a very sharp move, but in a more orderly fashion. The Russian Ruble fell by over 50% as a result of what Ukraine did and how the West reacted. The Euro and the...
In the history of the Swiss franc and the Swiss economy the last Thursday, January 15, 2015 will be mentioned, no doubt, as "Black Thursday". On this day, the course of the monetary unit of the Alpine republic in minutes flew by about a quarter against the euro and the US dollar. For instance, in today's Russia is so strong revaluation of the national currency would cause rejoicing, but the specifics of Switzerland is that here it is perceived as a sign of trouble. On the stock exchange in Zurich SMI index for the first time during its...
China has struggled through 2014 with weaker than expected economic performance. This has reduced demand for commodities and the Chinese slowdown added to the decline in commodity prices especially outside of the price of oil. This has further dragged down the Australian Dollar and the New Zealand Dollar as well as the Canadian Dollar. This is one example of how the global economy is connected. Discussions about the health of the Chinese economy have been the focus for all of 2014 with the prime focus being on whether China can avoid a hard...
Such a colorful term as "guerrilla trading" refers to a particular style of Forex deals, which is typical for dexterous traders, who rush into financial "jungles" for a very short time, trying to get a quick profit with minimal risk. A distinctive feature of guerilla-trader is a very short period of trade. The duration of a transaction for him is even less than that of a scalper and a day trader looks at the background of such partisan as a long-term investor. The main objective of partisan trading is to make many...
U.S. Federal Reserve on Wednesday adopted tough new rules for foreign banks to protect U.S. taxpayers from possible costly payments for assistance programs that often make non-US financial institutions.The largest foreign banks that have assets at $ 50 billion or more, will have to create an intermediate holding company, which will be subject to the same standards for capital and liquidity risk management as the US banks. Fed ceased to rely on the fact that foreign regulators will supervise their banks after the financial crisis of 2008,...
