Archive for the ‘Crisis’ Category

Many European Investors believe the Euro crisis are about to spread to Spain and Portugal, after Greece took a hard hit in the beginning of the month. The Euro have taken a hard hit and lost over 6 % against the Euro the last weeks. Are Europe just in the beginning of the crisis, while US are on their way out?

Spain deny lost budget control

“We have control of the ship, we have a plan,” said María Teresa Fernández de la Vega, Spain’s deputy premier. Earlier the same day, the prime minister José Luis Rodríguez Zapatero, visited Washington
where he was confident about his home country: “Spain has a strong and solid financial system.”

Well, all are not as confident. Both Madrid and Lisbon ran up their budget deficits to dampen the effects of the economic crisis and partly because of (more…)

Many investors  see online forex as an alternative when the equity and property market remain risky.
There are many reasons for this. Let us explain a few here:

• When the stock market are turbulent, investors seek alternative investments.
• It’s hard to predict the stock market at the moment.
• Newspapers write more about online forex and how currencies fluctuate.
• With currency trading, you are not dependent of a positive equity market.

What will you do in turmoil times, trade online forex?