February 2009 News

What is Forex?

Published: February 17, 2009

Forex (Foreign EXchange market) - the international exchange market where one currency bought and sold for the other. This is - one of the biggest markets in the world.
Today, the Forex market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, [...]


Why Forex? Advantages of Forex

Published: February 17, 2009

With more than $ 1.5 trillion dollars a day in trade, foreign exchange market has managed to become the world’s largest financial market in the past three decades. In large minimum transaction sizes and stringent financial requirements, market Forex, until recently, has not been studied common trader or individual investors. But now, on average, investors [...]


Global forex volatility to continue in 2009 -Teva CFO

Published: February 17, 2009

Teva Pharmaceutical Industries’ (TEVA.O: Quote, Profile, Research) chief financial officer said on Tuesday that global exchange rate volatility, which impacted its 2008 earnings, looks to continue in 2009.
“We are not great forecasters of exchange rate movements but it doesn’t look like it has calmed down and we expect to see continued volatility in 2009,” Eyal [...]


U.S. backs call for global treaty on mercury use

Published: February 17, 2009

The United States has shifted its stance to call for a legally-binding global treaty to phase out deadly mercury use that threatens the health of people worldwide, officials said on Tuesday.
Hopes had been high ahead of the conference that the new administration of President Barack Obama would support the European Union’s calls for an international [...]


Obama to Sign Massive Economic Stimulus Bill into Law

Published: February 17, 2009

U.S. President Barack Obama is scheduled to sign the $787 billion economic stimulus plan into law at a ceremony in the western city of Denver, Colorado on Tuesday.  Mr. Obama calls it a “major milestone on the road to recovery” for the U.S. economy, while critics insist it is too expensive and will create fewer [...]


Privacy Policy

Published: February 17, 2009

This Privacy Policy governs your use of this web site and any content, products or services made available from or through this website including any sub domains thereof (”Web Site”). The Website is made available by carinsurancerates.com, hereafter referred to as (”Company”).
By visiting this Web Site and requesting information, products or services offered on or [...]


Should schools teach kids about personal finance?

Published: February 16, 2009

High school teacher Daniel Jackson is reviewing lessons some adults would find difficult: mortgage loans, down payments, interest rates and closing costs. He tosses calculators to students, chastises them for not studying enough and urges them to apply problem-solving skills to decipher complex mortgage information.
“This is a tool for you to use,” he says. “I’m [...]


Japan Economy Goes From Best to Worst on Export Slump, Yen Gain

Published: February 16, 2009

Japan’s economy, only months ago predicted to be the best performing among the world’s most advanced nations, has become the worst.
Gross domestic product shrank an annualized 12.7 percent last quarter, the Cabinet Office said yesterday. The contraction was the most severe since the 1974 oil crisis and twice as bad as those in Europe or [...]


Obama Rejects ‘Car Czar,’ Naming Geithner, Summers to Head Team

Published: February 16, 2009

President Barack Obama opted against naming a “car czar,” instead asking Treasury Secretary Timothy Geithner and White House economic adviser Lawrence Summers to head a task force on revamping the U.S. auto industry.
Ron Bloom, a United Steelworkers union adviser and former Lazard Ltd. vice president, will join administration members on the team, White House Press [...]


Some Simple, Yet Effective Forex Trading Techniques

Published: February 16, 2009

Experts will always assert that one of the surest ways to succeed in currency trading is knowing and implementing forex trading techniques. Foreign exchange is truly a dynamic and demanding investment avenue and there is the need to understand and truly comprehend such trading if you want to make your capital grow from it.
What are [...]


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