Posts published in October 2013

Preventing “Friendly Fraud”

As online services and stores are becoming more common, and more and more consumers are deciding to use these outlets for their buying needs over…

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US Dollar Ends Week Mixed

The US dollar ended the week mixed, rising against some currencies and falling against others, as Forex traders were trying to assess the damage the partial US government shutdown will cause to the economy.…

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Pound Ends Week with Sharp Drop

The Great Britain pound slumped on Friday and slumped hard. There were not many fundamental reasons for such sharp drop and Forex market analysts were speculating that the currency has just…

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China’s Growth Benefits Taiwan Dollar

The Taiwan dollar strengthened yesterday as signs of robust economic growth in China was helping Asian currencies, attracting investors to the region. The latest PMI reports, both manufacturing and non-manufacturing, were quite good,…

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