Sunday, November 2, 2008
Forex Strategy Books
PayPal Forex Brokers
Moneypenny over and out moneyfied
Well today’s the last day I’m blogging here as moneypenny, come to think of it, today’s Digitalmoneyworlds last post too.
From tomorrow I’ll be blogging on business, startups, money, online scams and a whole lot else. So come to the launch party and let me know what you think.
FX Chat Forum
Advanced Fee Fraud
FOREX Information
Foreign Currency Trading
Dollar Falls on Rate Cut, GDP Contraction
Dollar Allows EUR/USD to Go Up and Pare Yesterday Gains
Protecting Yourself from Financial Crisis with Forex
During the ongoing global financial crisis traders and investors leave behind the question «How to make money?» and start asking another question — «How to save money?». In my opinion, the current situation on the Forex market allows combining those two question into the one, because with the right strategy you can start earning on the crisis — earning enough to protect yourself from the crisis and even capitalize on the global financial turmoil.
Any active Forex trader would notice that the most benefiting currencies during the current crisis are the U.S. dollar and the Japanese yen. The reason for their strength is the demand for the low-risk assets during the serious financial troubles. One part of the investors is trying to cash out of the risky assets (emerging markets, foreign currencies) — this leads to a increased demand for dollar; another part of the investors is buying the U. S. Treasury notes and the Japanese bonds as the safest investment possible — this also leads to an elevated demand for dollar and yen since they are required to buy the treasuries and bonds.