MARKETS / FINANCE

There are many reasons that convince us to believe trading Forex could generate results which are almost independent of trading stock (or rather equity). Here are some of those reasons.

Forex market investors usually base their trade decisions or strategies upon macroeconomic data that's presented throughout the month. These “economic indicators” can seriously affect where an economy is headed – for the better or worse. In fact, after a release of a particularly strong economic indicator, the currency rate can actually decrease or increase within a matter of a few hours. One such indicator is the Personal Income and Outlays Report.

You may wonder what would be the difference between an investor, a trader, or a speculator. While there is no exact border between these terms there are certainly some qualifications that make them distinct from each other.

When we refer to the Forex market we usually refer to the Spot FX or Spot Forex market. The Spot FX is a large Over The Counter (OTC) market that consists of thousands of Interbanks, institutional investors/traders, brokerage firms, and millions of retail traders. This market refers to the cash market of Forex. Although the Spot FX contracts settle within 2 days of the contract they are based on the current global price of the currencies. What you actually pay to purchase a currency against sell...

The dollar steadied on Tuesday and Asian stocks wavered, despite improving appetite for riskier assets, as investors turned cautious ahead of a meeting of the U.S. Federal Reserve.

China has so far weathered the global economic downturn with its growth rate staying robust and no sign the government faces any major challenge to its rule. Following is a summary of key China risks to watch:

The Situation on the board has not changed much over the last few trading days. EUR/USD as we expected came down from 1.50 areas and it is trading close to its midterm support 1.4615. It does not look like it is going to fly through it and reach lower levels before Xmas 2009. It is consolidating for now and we will have to see how it is going to play out over the next few days. We favor that there will be correction taking place to around 1.4860-49 area or even possible re test of 1.50 levels be...

Top executives at troubled insurer American International Group have been struggling financially after taking personal losses in the wake of the near-collapse of the company last year, AIG's chief executive Robert Benmosche told the Wall Street Journal in an interview.

The dollar steadied on Tuesday while Asian stocks wavered as investors turned cautious ahead of a meeting of the U.S. Federal Reserve although Abu Dhabi's decision to throw a lifeline to Dubai continued to bolster risk appetite.

Citigroup Inc and Wells Fargo & Co said they were paying back funds to the U.S. government, in transactions that will end taxpayers' capital support of the biggest U.S. banks much sooner than had been expected just weeks ago.

Plans from Wells Fargo & Co and Citigroup to repay taxpayer funds will put the U.S. government on track to reduce its bailout investments in banks by more than 75 percent, while earning a healthy profit for the U.S., Treasury Secretary Timothy Geithner said on Monday.

Plans from Wells Fargo & Co and Citigroup to repay taxpayer funds will put the U.S. government on track to reduce its bailout investments in banks by more than 75 percent, while earning a healthy profit for the U.S., U.S. Treasury Secretary Timothy Geithner said on Monday.

Goldman Sachs Group Inc is being sued by an institutional investor who claims the firm is preparing to pay out improper bonuses.

Craigslist's chief executive told a court on Monday that an executive with eBay, a minority shareholder, warned him to improve relations with eBay's then-CEO Meg Whitman because she could be a monster and an Evil Meg when frustrated.

Wells Fargo & Co said on Monday it will repay the entire $25 billion it received from the government under the Troubled Asset Relief Program, after selling $10.4 billion of common shares.

Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds.

Gold futures closed higher on Monday, as the U.S. dollar fell after Abu Dhabi pledged to bail out Dubai, which increased the investment appeal in bullion.

Cuts in 2009 pay and bonuses for Citigroup's top 100 executives ordered by the Obama administration's pay czar will remain in place despite the bank's deal to exit the government's bailout program, a Treasury official said on Monday.

A leading financial consultant has suggested that recent signs of a return to risk-taking could prove to be good news for people Buying Gold.

Gold prices made a moderate advance on Monday after news that Abu Dhabi agreed to back some of Dubai's debt pressured the dollar and lifted higher-yielding currencies such as the euro.

With aggressive AUD/JPY selling following the release of Japanese economic data the AUD/USD exchange rate fell from its early Monday morning high around 0.9120 to trade as low as 0.9055 during the Asian afternoon.

U.S. companies were still getting H-1B visa petitions even as they cut jobs, according to data from the U.S. Citizenship and Immigration Service (USCIS) that shows who received the visas in the 2009 fiscal year.

Corrects 14th paragraph to show R.H. Donnelley supplies content for and does not operate YellowPages.com

Exxon Mobil Corp plans to buy XTO Energy Inc for about $30 billion in stock, in a move that thrusts the U.S. energy giant to the forefront of North America's fast-growing natural gas industry.

Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds.

Stocks closed at 14-month highs on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions activity.

President Barack Obama said Monday that Banks must be active in helping accelerate the U.S. economic recovery after receiving help from taxpayers.

President Barack Obama told top U.S. bankers on Monday they owed it to the country to help lift the economy out of crisis by lending more money to small businesses in need and embracing financial reforms.

U.S. stocks rose on Monday, sending the Nasdaq up more than 1 percent, as the appetite for riskier assets returned, following news of Abu Dhabi's $10 billion rescue of Dubai, and Exxon Mobil Corp's planned takeover of natural gas supplier XTO Energy Inc .