Archive for September, 2012
Change of interest rates may lead to ambiguous reaction of traders and have some consequences for a national currency. On the one hand, interest rates change should be in direct proportion to the change of exchange rates; on the other hand, every rule has an exception. Let’s examine the information in details. It is beneficial… Read more
The Giant’s Story So Far “A journey of a thousand miles begins with a single step.” -Laoze It was not so long ago since China was referred to as the “sleeping giant.” Its secluded existence and its rich culture which has been passed down to thousands of generations, known only to those within, has just… Read more
There is no secret that trading is potentially profitable activity and therefore taxable. However, the issue remains vague while there is no question that any other employees are supposed to pay income taxes. So we will shake off the fog of obscurity and find out whether traders have to pay taxes. Firstly, it should be… Read more
The world has watched as euro’s untold fate unfolds. Nations, prominent and influential individuals of the financial plane, optimistic and pessimistic investors, down up to even the commoners had been scrupulously observing the currency’s dire situation. The every tick is guarded by the watchful eyes of the financial guard dogs. Alerting everyone whenever something is… Read more
George Soros: “I always had a strong feeling that I am an exceptional person.” Is it possible that an ordinary trader can have an influence on the economic climate of the whole country? Trader can do anything he dares! This is the philosophy of a quite modest Gorge Soros who became immodestly well-off on Forex… Read more
