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George Soros quits: the history. Part 2.
Inviato il 3 August 2011 da Forex Staff
George Soros, one of the biggest investors of all times, has decided to quit. Let's retrace his history. In 1997, his philantropic tendencies led him to buy some Russian assets. He earned a billion dollars in shares in RAO Svyazinvest, in Russia, a state telecommunication company and continued to buy shares and Russian bonds. He did sell his positions not even after the publication of a piece of the Financial Times that advised the government to devalue the ruble of the 25 percent. Four days later, the Russian government followed his advice. In a recent essay, Soros has echoed comments ...
George Soros quits: the history
Inviato il 31 July 2011 da Forex Staff
George Soros, the millionaire known in the world for winning a "forex" share, decides to terminate his manager career of hedge fund, job that he has done for more than four decades. Soros, that will turn 81 in a while, has decided to return money to the investors of his company. The sum is about 1 million dollars that will be returned by the end of the year. His company will now focus on resource management for only Soros and his family. George is therefore leaving the company to his sons, Jonathan and Robert. Soros expresses gratitude to those who have chosen ...
Moody’s downgrades debt greek, one step back from the brink
Inviato il 27 July 2011 da Forex Staff
The week has not started in the best way for Greece and the euro zone. Moody's, the important rating company, has infact said that it downgraded the rating of the Greece's sovereign debt of three notches, leaving the country with only one notch that separates it from the default, warning private creditors that risk to lose lots of money since the last rescue plan. The rating company has stated that it had downgraded Greece's rating from Caa1 to Ca, looking at a prospect of development of the country and, therefore, its credit rating. The combination established by the program of support ...
Could Strauss Kahn be innocent?
Inviato il 3 July 2011 da Forex Staff
Dominique Strauss-Kahn is accused of sexually assaulting a waitress in a Manhattan hotel. According to people familiar with the case, the former head of the International Monetary Fund will have the bail greatly reduced. Some women also have lied. The New York Police Department, who examined the case, declined comment. Strauss-Kahn, as always, denies the charges. The New York Times reported that investigators have found serious discrepancies in the account of the woman and her background. The Times also reported that prosecutors and lawyers are debating whether dismissing the charges against him. If the case against Strauss-Kahn is broken down, he could once ...
The spread: the broker’s profit
Inviato il 14 March 2011 da Forex Staff
What are the spreads and how they work. Unlike the stock market or the other titles, viagra online sale in the currency market there is no commission buy generic levitra to pay. In the Forex the cost of every trasaction is integrated in the trasaction itself, therefore in the buying or selling of a currency pair. The Kamagra Soft prices of supply and demand, the bid&ask, are two prices that you find when you open a new position for a currency pair. The demand price is the price that the market is asking for that currency pair. For example, the couple ...
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