Currency
« Previous Entries Next Entries »Due CDS Another Lehman Curse
Tuesday, October 21st, 2008When will the Lehman Brothers’ mess ever going to go away? Weeks after they went down the trail of their economic woes and devastation still lingers. All through last week, major bankers converged in New York trying to sort out the derivatives mess. Is there ever going to be a near-term solution?
Euro Makes Further Low
Thursday, October 16th, 2008LONDON: The euro fell to a 20-month low against the dollar on Friday as traders examine unilateral government packages for their banking problems in Europe. In recent weeks, we have seen a tidal wave of euro selling but at what point will the euro-zone economists review their policies?
October in The Eyes
Friday, October 10th, 2008October in the eyes of a trader, a month of volatility and trading rewards. October, a month leaders of the free world powers would like to forget. And a couple of weeks etched on the marbled of their hearts with fear of not knowing what would happen next. This is the challenge facing western leaders today. The significant shift in the financial markets on the world’s financial lending habbits is an indictment of what we have come to accept - greed.
« Previous Entries Next Entries »
