Spain = Greece Replay

My Comments
Spain is seeing huge amount of withdrawal from its banking system. It will need to recapitalize its banks if the withdrawal persists. Spain has not much money and will need to borrow from the financial market. But its cost is now at close to 7%. This was the rate that push Greece into a […]

By |June 3rd, 2012|Forex News|0 Comments

The political landscape in Europe will be in focus following weekend events in France and the Netherlands. The first round of the French presidential elections held Sunday confirmed that the two front-runners, President Nicolas Sarkozy and opposition candidate Francois Hollande will go on to the second round. The preliminary results showed Hollande ahead with 28.8% […]

By |April 23rd, 2012|Forex News|0 Comments

Paulson Said to Short Europe Bonds Amid Spain Concern – Bloomberg

By Kelly Bit
April 17 (Bloomberg) — John Paulson, the billionaire hedge-fund manager seeking to reverse record losses in 2011, told investors he is shorting European sovereign bonds, according to a person familiar with the matter.

Paulson, 56, said during a call with investors that he is also buying credit-default swaps on European debt, or protection against the chance of default, said […]

By |April 18th, 2012|Forex News|0 Comments

Spain Not Greece Is the Real Test for the European Union – Bloomberg

Reasons are given, which is very convincing. Yet those reasons are so simple. With high unemployment, shrinking GDP, how is Spain going to meet its target?Spain Not Greece Is the Real Test for the European Union – Bloomberg

By |April 5th, 2012|Forex News|0 Comments

Top Traders of 2011

All the best traders will tell you that the most important aspect of being a successful trader is strong risk management. But they are referring to market risk: Not having too much leverage, having defined exits, not being overly concentrated in one market and avoiding illiquid marketsLink Top Traders of 2011

By |April 4th, 2012|Forex News|0 Comments