In our everyday lives emotions are great. They make it possible for us to enjoy life and create lasting relationships with other human beings. In fact many argue that our complex emotional abilities are part of what makes human. Emotions are great but there are times when having them are more of a burden than … “Why You Will Fail As A Trader”
Month: November 2010
Franc Drops as China’s Manufacturing Curbs Demand for Safety
The Swiss franc declined today as the stocks gained and the Chinese manufacturing expanded, curbing the demand for the safer currencies. The franc also dropped after the report showed that Chinaâs Purchasing Managersâ Index rose from 53.8 to 54.7 in October. The MSCI World Index gained 0.3 percent and the Stoxx Europe 600 Index went up 0.5 percent. The reports from Switzerland itself weren’t so encouraging. USD/CHF rose from 0.9826 to 0.9881 … “Franc Drops as China’s Manufacturing Curbs Demand for Safety”
5 Scenarios for QE2 Decision
Tension is mounting towards the FOMC decision about QE2 – the dollar printing program that rocked the markets for a long time. Here are 5 scenarios for the big decision by Bernanke, and the expected impact on the dollar. Since mid August, the main theme in the markets has been a second round of quantitative … “5 Scenarios for QE2 Decision”