China’s top central banker sees growth recovery

(MarketWatch) — People’s Bank of China Governor Zhou Xiaochuan, in a week in which he called for the abandonment of the dollar as the world’s reserve currency, said economic growth in China is recovering due to the country’s “superior system advantage.”
Zhou, in a speech that’s been translated into English on the central bank’s Web site, [...]

Dr Pepper Snapple Swings To 4Q Loss On $696M Write-Down

Dr Pepper Snapple Group Inc. (DPS) swung to a fourth-quarter loss on a $696 million goodwill write-down as the beverage giant said demand remained weak for its higher-priced brands.
The maker of Snapple teas, Mott’s apple juice and Dr Pepper soda posted a net loss of $621 million, or $2.44 a share, compared with year-earlier [...]

Brazil Central Bank To Sell $4B In Forex Swaps Thursday

(Dow Jones)–The Brazilian Central Bank said it would offer $4 billion worth of foreign-exchange swap contracts at an auction scheduled for Thursday.
The bank will offer 80,000 contracts at the auction scheduled to take place between 1430 GMT and 1500 GMT (10:30 and 11 a.m. EDT). The contracts will carry two maturities: June 1 and [...]

Insure4USA.com Provides Tips; How to Save Money on Car Insurance

(Marketwire) - For most people car insurance is the largest insurance expense after health insurance, as rates are high and one pays a chunk of money every year. Yet, you needn’t spend so much on it! You can really save money on car insurance, and there are ways to do it.
First of all, shop [...]

Top Tips For Becoming a Profitable Forex Trader

Regardless of your trading style; day trading, swing trading, or position trading there is a simple step by step plan you can use to improve your odds for success.
1. Start by paper trading until you can be consistently profitable on paper. I would also recommend doing a lot of practice trading with a real-time demo [...]

Internet and Computer Systems in the FOREX Business

With every passing year the interest in electronic trading is bigger, more especially trading shares and currency through Internet. A new profession came forward – this of the currency dealer. The appearance of this profession was caused by the full force of development of Internet, which enabled the exchange business to be carried over at [...]

Will I get rich from Forex? Definitely! Are you ready to learn?

The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.5 trillion changing hands every day.
That is larger than all US equity and Treasury markets combined!
Unlike other financial markets that operate at a centralized location (i.e. stock exchange), the worldwide Forex market [...]

Obama Says He Wouldn’t Accept Geithner’s Resignation

President Obama told CBS in an interview for “60 Minutes” that he wouldn’t accept embattled Treasury Secretary Timothy Geithner’s resignation if Geithner were to offer it.
Obama joked that if Geithner tried to give up the position, the president would say, “Sorry buddy, you’ve still got the job.”
Geithner has been criticized over his handling of AIG [...]

At Citigroup, a Shake-Up in Ma

Citigroup announced another senior management shake-up Friday, raising fresh concerns about the company’s leadership just as Vikram S. Pandit appeared to have made progress stabilizing the bank.
Gary L. Crittenden, Citigroup’s chief financial officer, will move into a part-time consulting role as chairman of Citi Holdings, overseeing a division the bank created to hold toxic assets [...]

Dollar In Partial Recovery From Post-FOMC Rout

(Dow Jones) - The dollar managed Friday to retrace some of its recent sharp losses in a partial recovery from one of its worst weeks in several decades.
The U.S. currency had been battered severely by the Federal Reserve’s announcement Wednesday of its new plan to revive the economy. Fears that a monetizing of U.S. debt [...]

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