admin_mm – Page 1586 – News of the Planet of Investments

Dollar Rises on Korean Conflict & Portugal’s Bailout Concerns

The US dollar advanced today as the concerns that the conflict between North and South Korea would escalate increased the demand for the currency as the safe haven. The US aircraft carrier was sent as the show of strength after North Korea shelled this week the South Korean island. North Korea warned that any “escalated confrontation” would result in a war. The dollar also strengthened against the euro as the European Union’s leaders pressure Portugal to accept … “Dollar Rises on Korean Conflict & Portugal’s Bailout Concerns”

Polish Zloty Falls on European Debt & Fitch Statement

The Polish zloty tumbled today on the increasing concerns about the European sovereign-debt and as the Fitch Ratings requested the country to decrease its deficit. The Financial Times Deutschland reported that Eurozone policy makers are pushing Portugal to request aid from the bailout fund. The Fitch Ratings said yesterday that Poland required to cut its deficit to prevent “negative pressure building” on its creditworthiness. The Fitch said that the increase of the countryâs general government … “Polish Zloty Falls on European Debt & Fitch Statement”

Spanish Bonds Jump Again – 5.25% and Rising

Spanish 10 year bonds continue weighing on the Euro. 10 year yield has reached 5.25%, continuing rises from yesterday, when Spanish bonds edged up to 5.15%. Many analysts are comparing the Spanish bonds with the benchmark German bunds, but as this article says, the EU aid costs will soon start threatening Germany itself, with a … “Spanish Bonds Jump Again – 5.25% and Rising”

North Korea Fires Warning Shells, South Korean Weak Minister

The tension between North and South Korea is still on, with movements on both sides. The North warns that the joint South Korean American naval exercise is very dangerous and will bring the countries to the brink of war. It even fired warning shells near the island of Yeonpyeong, where the incident on Tuesday happened. The … “North Korea Fires Warning Shells, South Korean Weak Minister”

More Australian Home Owners Struggling

While the report of Fitch on the Australian mortgage market is still good, there still is a rise in the number of struggling home owners. This figure will probably rise: Fitch says it does not expect any substantial improvement in the level of delinquent mortgages until well into next year, as Christmas spending tends to … “More Australian Home Owners Struggling”

Forex.com IPO – Valued at $535 Million

Michael Greenberg reports that Gain Capital, the holder of the very lucrative forex.com domain, values itself at $535 post money. There isn’t a date set for this initial public offering. Greenberg notes that Gain’s IPO is very dependent on a bigger offering in the industry – FXCM IPO, which should happen soon, even on Friday, … “Forex.com IPO – Valued at $535 Million”

Less Forex Scams?

Andriy checked out Google Trends to see how the term forex is doing, and sees that continues to enjoy a steady rise. He also checked out other related phrases and found that “forex scam” is declining since the beginning of the year, after reaching a peak. Are there less forex scams? Andriy doubts that and … “Less Forex Scams?”

FXStat Review – Risk of Ruin and more

AshFX reviews social forex site FXStat and sees the strong resemblance to another forex online site – MyFXBook. In his interesting review, he discusses their new and interesting features such as the verification of the trading source – is it a demo account or a real account – this is very important, as we all know … “FXStat Review – Risk of Ruin and more”

Pound Strengthens vs. Franc on King’s Statement

The Great Britain pound rose today against the Swiss franc as the optimistic statement of the central bank’s governor Mervyn King improved the confidence in Britain’s currency. Against other currencies the pound was rather flat as the markets traded slower than usual today because of the Thanksgiving holiday in the US. The Bank of England Governor Mervyn King said in his statement to the Treasury Select Committee of the House of Commons this morning: Together with policymakers overseas, … “Pound Strengthens vs. Franc on King’s Statement”

[Video] Long Euro, Currency Wars, Gold Heights and More

Long Euro? Well, yes. In an interview on Forex TV, Derek Frey discusses the alleviated fear about the Irish crisis, but reminds us that none of the debt laden countries is going to sink into the sea. Speaking with Julie Sinha, the “senior market manipulator” also covers currency wars and lots more. In a previous … “[Video] Long Euro, Currency Wars, Gold Heights and More”