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UK, Bank Of England “Inflation up, Growth Down”

By Brian Tieling | Published May 17, 2012
Forex TV Blog
The Bank of England has slashed its 2012 growth forecasts for the UK economy, raised its near-term inflation outlook and issued a warning about the potential economic damage the eurozone sovereign debt crisis could inflict.   In its quarterly Inflation Report yesterday the Bank's Monetary Policy Committee lowered its estimate of economic growth over this year from 1.2 per cent to 0.8 per cent, bringing it slightly closer to the consensus of private sector economists.   The MPC also forecast that... ( read more )

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Greece Should Never Have Joined EURO

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By Brian Tieling on April 30, 2012
Forex Trading TV Blog
Greece was not ready for euro admits ex Bundesbank head.  Mr Welteke said growth as well as austerity was needed to solve the eurozone crisis.  Greece should not have joined the euro, a former head of the German central bank, who was central to eurozone policymaking at the time, has said.  But Ernst Welteke, who was Bundesbank president from 1999-2004, told the BBC that none of the eurozone's problems would be solved if Greece left.   He added there should be gr... ( read more )

An Introduction to Forex Trading

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By Guest Author on April 30, 2012
Forex Trading TV Blog
The foreign exchange market (Forex or FX for short) is an exchange market for the trading of international currencies. As such, it is also the largest exchange in the world. Forex dwarfs all other markets. As of April 2010, the Bank of International Settlements had reported the daily trade volume estimated at just under $4 trillion. By comparison, CNN Money reported that the Dow Jones Industrial Average (DJIA) had an average daily trade volume of around $138 Million (as of th... ( read more )

Record Spanish Unemployment Reaches 5.64 Million

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By Brian Tieling on April 29, 2012
Forex Trading TV Blog
Spanish unemployment has hit a new record high, official figures have shown.  The number of unemployed people reached 5,639,500 at the end of March, with the unemployment rate hitting 24.4%, the national statistics agency said.  The figures came hours after rating agency Standard & Poor's downgraded Spanish sovereign debt.   Official figures due out on Monday are expected to confirm that Spain has fallen back into recession.  Earlier this week, the Bank of S... ( read more )

Get Ahead In Forex Trading With A VPS Solution

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By Guest Author on April 29, 2012
Forex Trading TV Blog
If you are serious about Forex trading, then you’ve undoubtedly been considering how you can make the most of every trading opportunity that comes along. Any strategy that aims to cover worldwide markets 24/7 inevitably requires a degree of automation, but that presents problems in itself. How do you make sure that your home or office PC is always running and always connected to the internet, without requiring your constant attention and swift reaction in case of hardware o... ( read more )

Cost of Oil : The Justification to Switch to Electric Ca...

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By Guest Author on April 29, 2012
Forex TV Blog
Regardless of the current projections, the family nowadays face many daily issues in terms of its economic life as well as environmental future. A family of four nowadays needs to scrimp and save to be able to extend the meager income they receive, as fuel drives up the costs of many other basic necessities. This current fuel requirement also adds on to the pending environmental crisis in the horizon. With this as a backdrop, a decision has to be made not only for the short-t... ( read more )
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