FED cut Interest Rate to 3.00% on 30th January 2008

On Wednesday, as forecasted by many financial analysts, US Federal Reserve made its second deepest interest-rate cut by 50 basis points. Within a short span of less than 2 weeks, FED has lowered its overnight bank lending rate to 3.0%. Just 4 months ago, the rate was 5.25%.
The FED believed that the rate […]

Will there be any FED Rate Cut on 30th Jan 2008?

With hours to go before the next FOMC meeting on 30th Jan, everyone in the global financial market is waiting for US Federal Reserve official Interest Rate announcement.
All the players are guessing and speculating whether FED will continue to cut its Interest Rate further or put it on hold.
With the latest cut of three-quarters of […]

Roll Coaster Ride of Global Equity Market from 21st to 25th Jan 2008

What a teeth-biting volatile week in the global equity market. At the start of the week, global stock market went into a free fall like there was no tomorrow. To prevent the US equity market following the footpath of its other counterpart, Federal Reserve slashed its key interest rate by three-quarters of a percentage […]

Fundamental Analysis in Forex Trading

In Forex Trading, fundamental analysis focuses on the theoretical models of exchange rate determination such as purchasing power parity (PPP) and the theory of elasticity.
Fundamental analysis also concentrates on other major economic factors such as Gross National Product (GNP) that measures the economic performance of a nation economy. Other economic indicators include Gross Domestic Product […]

A video from Aaron Wilburn “If My Nose Was Running Money”

Beware!! – Don’t watch this video before the start or your Forex Trading session. You’ll not be able to concentrate reading your technical charts. Only watch it at the end of you trading day.
This is one of the hilarious video that I’ve watched in recent time. If you want something that makes you laugh out […]

Types of Forex Trading Orders

To trade the Forex market, traders must understand the different type trading orders. The following are some of major types of orders that can be found on most Broker trading platforms if one would to trade Forex.
Market Order - A market order is an instant order to buy or sell a currency pair at the […]

Inspirational Video – “The Don’t Quit Poem”

For the last three days, few of readers were kind enough to write to advice that my Blog’s third column was not aligned properly when viewed with their Internet Explorer. They tried to use Mozilla Firefox and the Blog display perfectly. Hence, the problem was only isolated to IE. I did the tests myself […]

Is Fed cutting interest rate by 50 or 75 basis point cut on 29th-30th Jan? Or will the cut be now?

For Forex traders trading on Fundamental Analysis and News, being updated and knowing what is happening may be vital for one’s trading success.
Currently in the US, Dow Jones is down around 6% since the beginning of the year and the Nasdaq has shed almost 10%. Banks keep making public announce about their big write-off from […]

Using Law of Attraction to Increase your Wealth Creating Opportunity in Forex Trading

Forex Trading is just one of the many wealth crating mean and process to achieve wealth. As far as wealth goes, you don’t need money to be happy. A lot of people refer to cliché like “Money is not everything”. There is truth to that statement but the opposite also holds true- without money you […]

What are the Different Sectors in the Forex Market?

Within the Forex market, there are various different sectors, some as follows:
Currency Spot Market - This is where a spot deal takes place between two parties who deliver a certain amount of different currencies to each other, based on an agreed exchange rate, within two business days of the deal date.
Currency Forward Market -This is […]

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