Euro continued to slide after the Italian referendum. EUR/USD opened with a huge bearish gap as exit polls showed the ‘No’ vote in the Italian referrendum heavily in the lead. […]
The Dollar Soars. Is It Bad for the Asian Currencies?
The dollar index last week broke 100, an important psychological barrier. If the dollar rises another 10%, the outlook for the Asian currencies seems worrisome, especially for the Hong Kong […]
How Low Can the Pound Go?
The British pound has fallen sharply after Britain’s official referendum, Brexit, in June. The UK’s hard Brexit has become clear. The pound again plummeted lower, and fell to 1.27 US […]
How Deutsche Bank Crisis Could Affect Your Investment – Part I
The biggest news in the financial markets yesterday was Deutsche Bank. The shares of DB have fallen more than 7% since yesterday. This month alone, the share prices have plummeted […]
Can a U.S. Resident Open a Foreign FOREX Account and Make a Deposit with a Credit Card?
The simple answer is no, but… Thanks to the Dodd-Frank Act. There are a good number of offshore international Forex brokers that accept US citizens and residents. However, with the […]