If there is one market that is vastly affected by what is going on in the world, it is the foreign exchange. Consisting of different currencies around the world, the foreign exchange market can be just easily shaken by the current global events. Because these events are volatile in nature, prices and exchange rates are…Read more
Recent Posts by iwordpress
They started as impoverished countries, devastatingly punished by the brutal civil war that left thousands of their people dead, wounded and their economy trapped in extreme turmoil. Many have viewed that these nations would not overcome adversity as most of its infrastructures were bombed and completely destroyed, population was deemed illiterate and no sign of…Read more
The US economy nears the triumph of overcoming a credit glut. With this looming victory for the world’s largest economy, the dollar is poised to gain more strength against a basket of currencies. Meanwhile in Asia, its biggest economic power, China continued to move in a slow pace as it attempts to shift from maximizing…Read more
From being nation known for its gods and mythology, Greece’s reputation has now transformed into a debt-defaulting country. Inflation was out of control and debts were just skyrocketing brought up by a mixed of international financial turmoil and an ineffective monetary management. With its economic conditions getting worse and worse, can Greece ever recover? Getting…Read more
Recent Comments by iwordpress
No comments by iwordpress yet.