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Yes and we're probably worse off than those living in 1929, are they still alive now? nah. I think this is going to kill us all, well not literally. My superannuation fund is probably wiped off a bit,...are far better than the US's, we have higher growth, lower inflation, higher return on interest and less debt. The world economy is in pandemonium. Life's a bitch, money revolves just like a bitch.

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...speculator were the principal dealers. Only they were able to take advantage of the currency market's fantastic liquidity and strong trending nature of many of the world's primary currency exchange rates. Today, foreign exchange market brokers are able to break down the larger sized inter-bank units, and offer small traders like you and me the opportunity to buy or sell any number of these...

..."Homebuilders continue to see an extremely poor demand," said Matthew Carniol, chief currency strategist at TheLFB-forex.com. "The good news was that with last weeks decline in mortgage rates, the Mortgage banker's Association saw a 33.4% increase in applications to purchase or refinance. However, what remains to be seen is how many of those people will actually be able to get financing...

...reading was considerably better rising to 49.2 from 47 forecast . Nevertheless on balance the UK data continues to reflect serious deterioration in the country's economy and trades anticipate lower rates from the BoE in the near future. The key question going forward is will the BoE accede to political pressures and lower rates at tomorrow's MPC meeting? For now the market consensus calls for no...

With ForexGen Customer Service The trade-weighted exchange rates constructed for the aggregate U.S. economy do not always capture the changes in industry competitive conditions induced by ForexGen News Center movements in specific bilateral exchange rates. Download ForexGen Platform so that Exchange rates produced using information on industry-specific trade partners are often better suited for...

...desks. COMMERCIAL COMPANIES- these commercial companies trade small quantities of foreign currencies compared to larger banks and their trades produce small and short-term impact on the market rates. However, the trade flows from transactions made by commercial companies are essential factors with regards to the long-term direction of the exchange rate of a certain currency. CENTRAL BANKS-...

...in London Cable fell to its lowest level since April 2006 after the Chancellor of the Exchequer said the UK economy might be in the worst state in 60 years. While the BOE is suspected to keeps rates on hold at 5%, speculation that the central bank will lower rates later in the year has hit sterling hard.Certainly no one is rushing to buy Cable at the moment. There was a lot of weekend press...

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