Currency Trader Wins CNBC Challenge

CNBC has officially announced the winner of their Million Dollar Portfolio Challenge and GUESS WHAT, the number 1 currency trader is the winner of the entire contest!
I am thoroughly excited because it certainly adds an extra ounce of credibility to the market that I love the most!

Euro Needs Better Governance

Last week, the Forex Blog covered an IMF report that claimed the period of Dollar hegemony is nowhere near finished. This view appears to be widely held, and an American economist argued in a recent op-ed piece that the Euro...

In the Financial Papers: Today’s Top Forex News 07.29.08

Here is the “In the Financial Papers Radio Broadcast” (Length: 3:47 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
Read my Daily report on DailyFX.com
In the Financial Papers:
















 
Podcast Covers:
Dollar Rallies on Stronger Consumer Confidence
Merrill to Sell $8.5 Billion of Shares as Thain Unloads Money-Losing CDOs
Home Prices in 20 [...]

Zimbabwe Revalues Currency

The exchange rate between Zimbabwe's local currency and the US Dollar is currently 110 Billion:1, give or take a few zeroes. This complete collapse in confidence surrounding the currency is redolent of post-war Germany, when a wheelbarrow full of Deutsch...

The FX Market is Growing! Volume on the Rise

Last year, the Bank of International Settlements announced that FX market volume increased 71 percent between 2004 and 2007 and amidst all of the financial market turmoil, trading is on the rise once again.
The equity, commodity and bond markets have been particularly tough this year, causing many investors to cut back on risk, [...]