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Market Review – 28/05/2010 18:18GMT Euro weakens after Fitch downgrades Spain’s sovereign debt rating The single currency declined broadly on Friday after Fitch Ratings downgraded Spain’s credit rating from AAA to AA+, fueling worries that the European sovereign-debt crisis would worsen and dampen economic recovery. Despite initial firmness in Australia after Thursday’s short-covering strong rise to [...]
Foreign Currency Trade Loan The exchange rate of the Macedonian Denar against the major hard currencies of the world has remained stable in the last few years. Because of the IMF restrictions, the local Narodna (Central) Bank does not print money and there are no physical Denars in the economy and in the local banks. [...]
Foreign Exchange Trading Systems Are you considering trading the Foreign Exchange Market? Many others have and are now earning a great living from home. You too can do this with the right trading system. Before you begin, you should know some of the basics. The Foreign Exchange has a few names. You’ll hear it referred [...]