Currencies Archive
Currencies offer a huge profit opportunity for savvy investors. Somewhere between $2 trillion and $3 trillion worth of currency is traded every day through the foreign exchange (Forex) market.
To put this in perspective, the New York Stock Exchange averages roughly $50 billion in volume per day. That makes the Forex market about 50 times bigger. And since the price of a currency is based solely on the supply and demand, the Forex market is free from any external control. The articles below tell you everything you need to know about currency trading.
This Invisible Risk Could Zap Your Portfolio Starting July 1
By Louis Basenese - Jun 13th, 2012
Here’s why the trouble in the eurozone could unexpectedly sap investors' profits... More »
The Drachma Threatens to Return
By Wall Street Daily Research - Jun 6th, 2012
A switch from the euro back to the drachma would be a "catastrophe" for just about everyone, says citizens and business owners in Athens. More »
Spain Seeks Aid and Euro Banks Call for Reform
By Wall Street Daily Research - Jun 6th, 2012
Spain has appealed to its European partners to help revive its debt-laden banks. More »
Massive Monthly Losses on the Asian Market
By Wall Street Daily Research - May 31st, 2012
Asian stock markets set to post their biggest monthly loss in eight months. More »
Spanish Crisis Threatens Euro Havoc
By Wall Street Daily Research - May 31st, 2012
Bond yields in Germany reach zero and Austria and France are at record lows since the inception of the common currency, while Spain's borrowing costs remain dangerously high. More »
Yuan and Yen to Ditch the U.S. Dollar
By Wall Street Daily Research - May 29th, 2012
Japan and China will start trading their currencies directly in Tokyo and Shanghai to shore up trade and financial ties. More »
Like Gold? Then You Should Love the U.S. Dollar, Too!
By Karim Rahemtulla - May 23rd, 2012
It might be strange to hear, but what’s good for the dollar is good for gold... More »
U.K. Bank Chief: Economic “Storm” Headed Our Way
By Wall Street Daily Research - May 16th, 2012
Bank of England Governor, Sir Mervyn King, warns of the "risk of a storm heading our way from the Continent," as he flagged the eurozone as the greatest threat to the U.K.'s recovery. More »
Greek Crisis Talks Fail, New Election in June
By Wall Street Daily Research - May 16th, 2012
Greek political leaders fail to come to an agreement on creating a coalition government after three-day talks, driving the country toward a new election. More »
Eurozone Ministers Express Worries Over Greek Exit
By Wall Street Daily Research - May 15th, 2012
Finance ministers of 17 eurozone countries meet to discuss Greece, where a political deadlock raises the prospect of the country's exit from the eurozone. More »
