Is the euro has become a serious competitor to the dollar?

A result of the repercussions of the global financial crisis on the American economy in general and the U.S. dollar exchange rate, in particular, has made all of Russia, China, Brazil and India, seeks proposals for holding an international conference to discuss a unified global currency instead of U.S. dollar. It was noted that the countries of the European Union was implied consent to this proposal, thinking that the euro currency, the alternative may be to prove after its currency to the dollar competition.

It was noted that the common European currency, which decided to adopt it at the Madrid Summit in 1995 was the beginning of its deliberation in 2002 proved to the exchange rate of European currencies that have been dispensed with, so it can be said firmly that he has more than U.S. currency. Studies also showed that the percentage of participation of the United States in world trade since the beginning of the third millennium are the limits of 18.9%, while the European rate is only 23.4%. Moreover, the balance of foreign currency at the Central Bank reached U.S. 59.8 billion, while the European Central Bank in the 409 billion, despite the current financial crisis. But lost sight of experts that the adoption of the euro is not a unified currency for all member States of the European Union, and the world price continues to see many of the swing the result of widespread weakness in the arteries of the European economy and in particular in the industrial sector, which is the inability to crisis serious competition in the face of the Chinese industrial sector, industrial sector or emerging strongly in Brazil and India. Eight United States can not in any way to approve the adoption of alternative currency than the dollar because it constitutes the backbone of the U.S. economy, which despite its current crisis, but he is still stronger than the economies of industrialized countries as the dollar is the currency in which the only global does not have any gold because of its security coverage is the economic power enjoyed by the United States, the euro has not yet gained the confidence to seek and support supposed to submit to it, especially since there are voices out from time to time after the European countries and calls for a halt to the euro and return to the national currency, which had been the case previously. There is another fundamental issue concerning the system adopted in the basket of the currencies of most countries of the world and borrow from these countries, which was adopted on the basis of the dollar, and the reserves of many countries of the foreign currency, which is led by the dollar .. Is it easy to change between each overnight ..??

Presentation of the acquisition of German real estate bank The Fund's bank was introduced to the German government to acquire a bank,

Presentation of the acquisition of German real estate bank The Fund's bank was introduced to the German government to acquire a bank,

"Hypo Real State" of the troubled mortgage lender. The Fund said the stability of financial markets, the German "Sovin" The introduction of cash 1.39 euros (1.82 dollars) for the shares will remain in effect until the fourth of May next. It is possible to complete the transaction through a special law went into effect on 9 April. If the bank's shareholders rejected the offer, the right of the government takeover of the bank by force, the minimum price of 1.26 euros per share. The Chairman of the Board of Directors Hans Sovin Reem said "in light of the serious situation which he finds a Hypo Real State Holding the same, we believe that before an attractive price." He added that the control of the entire stock by 100% is the "only way in which we can implement the actions necessary to bring about the stability of the bank's financial markets and thus are legal permanent efficiently." It was the largest contributor to the World Bank Group controlled by U.S. investor Christopher Flowers owns 21.7% of the shares. The Group expressed its desire to maintain the same quota. This is an emergency law, which was described as a last resort to bring about stability in the German capital market is the first time in modern Germany in which banks shareholders to the possibility of confiscation of their property. The Government has already bought an 8.7% share of troubled bank, and represents a first step to impose full control and reduce the share of Flowers, which amounts to 24%. The Munich-based bank had announced in October that he was facing financial difficulties.

Waiting for the Russian economy to recover from the repercussions of the crisis

Waiting for the Russian economy to recover from the repercussions of the crisis

Russian economy is recovering by the end of this year or he would face a second wave of the winds of crisis? Different views of economists and practitioners about this, Some optimistic that the most difficult periods of the economy has passed. And falls within this category Central Bank chief Sergei Iegnatiev Assistant to the President and the Russian Arkady Dvorkovich. Their economists expect the Bank of Goldman Sachs growth in the fourth quarter of this year will continue next year also marks the outcome of 2.8%, according to a report published by the Bank recently. However, other economists fear of future problems, the Russian economy will have to face .. Highlighted the increasing volume of non-performing loans to Russian banks, namely the inability of borrowers debt payments to pay for the banks.

Decline in the total wealth of the rich Russians b $ 380 billion

Decline in the total wealth of the rich Russians b $ 380 billion

The magazine "Forbes" on the decline in total wealth of the rich Russians b 380 billion dollars for this year are only $ 142 billion, due to the global financial crisis. The list included the name of the new 100 richest men in Russia, published by the magazine in its edition of April 17, of whom only 32 billionaires. While the number in the list of 110 people last year. Issued and the Russian businessman Mikhail Brochrov this list and worth an estimated 9 billion and a half billion dollars. , Followed by Roman Abramovich's wealth is estimated at the British 8 and a half billion dollars, the sole owner of the bronze on the company "Lukoil" Russian oil wealth is estimated at 7.8 billion dollars.

Tech stocks, and good. JPMorgan paid the Wall Street rise

Tech stocks, and good. JPMorgan paid the Wall Street rise Thu Apr 16, 2009 9:00 pm GMT NEW YORK (Reuters) - U.S. stocks jumped on Thursday to the expectations of the outcome of reassuring giant like Google,

which raised the stocks of companies in the technology, while promoting good profits. Morgan hopes of better-than-expected investors in the stability of banks. Investors, encouraged by the early signs of reversing the economic slowdown and bet on the profits of technology companies that would involve the good surprises, prompting Yahoo shares to rise more than two percent. Gained good. JPMorgan Chase one of the components of the Dow 2.1 percent after the Bank announced the results exceeded analyst expectations with the rise of the proceeds of the issuance of negotiable bonds. The Dow Jones industrial average DJI 95.81 points, or the equivalent of 1.19 percent, to close at 8125.43 points. The index of the Standard & Poor's 500 was up 13.24 points, or 1.55 percent, at 865.30 points. The Nasdaq Composite Index was up 43.64 points, or technology in the 2.68 percent to 1670.44 points.

How do I choose the appropriate brokerage company?

The name of God the Merciful

The most important things that must be the question of the After that I understood the general principles on how the margin trading system and the mechanism of action speculate on the prices of currencies, after it became able to read the chart for the currency and you have become a good idea of how to predict the prices of currencies and methods of technical analysis and news. Has now become eligible for the transition phase of the process in this new area by opening an account with one of brokerage firms trading in currencies. There are hundreds of brokerage firms that operate through the Internet, some of the monthly trading volume up to several billion dollars to companies that track a lot of countries are the U.S., British and other countries. On the basis of any brokerage company will choose? And what question you about it before it actually open the account and send money to this company? There are a lot of things that you should learn before they actually open an account with one of brokerage firms to become "you learn a lot, but we preferred to put all of us here in one place. Ensure the credibility of the company When you open an account, the first actual work will be done is to send a sum of money to the brokerage company to be placed in your account and have used in the sale and purchase of currencies has been decided to open your account up to $ thousands of dollars. Before we do so we must be sure that the company will send them the owner is a company registered in the State to which they belong and that the record is clean and free of any manipulation or installed on customer deposits. There are several ways to do this kind of inquiry, the project, including: Asked directly on the guarantees provided by the clients to have money. Contact with the official state of the company as possible. Asked the ancient titles of some customers and contact them and ask them for a way to deal with the company's customers. Inquire about corporate America: The U.S. government required all companies, institutions and individuals who deal with mediation in the financial markets to the detriment of others registered with the CFTC Short of the Commodity Futures Trading Commission, a governmental body of the U.S. Congress in the organization of specialized work in the financial markets of different kinds. Follow the body and under the control of other self-regulatory organization called the National Assembly of the Futures National Futures Assosiation NFA and shortened the Assembly before the CFTC is responsible for the control of private enterprise and of its registration and verification of compliance to the standards that ensure the minimum safety of customers in this market in order to preserve the funds of investors In support of national and international confidence in U.S. financial markets. There are many types of institutions and groups that fall under the control of NFA, including brokerage firms trading in the currency market. After moving any brokerage firm in the capital markets to NFA all the documents that prove their consent to the criteria given each company set its own tariff for each of ID may want to use to inquire about the history of this company has been registered with the NFA, where each company record put the name and address of the company's actual and the names of the founders and the number of cases filed against the company by customers who were sentenced or are not of government and other information that will enable the customer to judge the credibility and integrity of brokerage company. Can query this information by contacting Alhataki from within the United States or through the NFA official website where you can inquire about the brokerage company that you want by name or by number on the NFA, a method more accurate and better. Before you open an account with a U.S. brokerage firms asked whether registered with the NFA and requested by the NFA ID number you own. In any case, most of the companies registered with this figure is clearly in the front page, but that has not been able to see this for yourself, you figure the course of the company and available directly from this figure. After receiving this number, you can go to the site of NFA on the Internet and enter the number in the space provided to get the available information and is no doubt that will help you to judge the integrity of the company.

Forex technical terms

Ratio / quota or quota Rate is the rate of currency compared with the others. Key currency The base currency is the first currency in any exchange of my husband. Determine the value of currency in exchange for the interview. (For example, if the ratio of the exchange pair Euro / U.S. $ 1.3525, the euro is the base currency and the value of 1.3525 U.S. dollars). The counter (also known as the indicative price or a point).

The counter is the second currency in any exchange of my husband. And define the basic value for the currency. value. (For example, in the exchange pair is the next Euro / U.S. Dollar currency, the opposite is the U.S. dollar). Offer price (also known as the purchase price)) Offer price (the price to give the area the left) is the price at which traders buy the base currency. If you think that the value of the euro will go down if you choose to buy - you can buy the euro price of the dollar before the indicative price given. Rate of demand (also known at the sale price or demand) Demand the application rate (to give the region the right price) is the price at which dealers sell the base currency. If you think that the value of the euro will rise if you choose to sell - could sell the euro to the dollar before the U.S. price in the price of the application. The difference between the price of supply and demand.) Points (also known as points) One point, 0.0001 of a unit, Journal of Trading Trading is open daily and close deals on the same day of trading. The cost of trading The cost of trading is the price when trading against. Calculated in this way the cost of trading = sale price - purchase price Avoid loss Type of Trade Center to close upon the arrival of a fixed rate to avoid a sale of the loss. You can choose to sell to avoid the loss to reduce the loss when the market affected by the opposite of what you expect. The margin of Is a sum of money placed in trust as collateral to cover possible future loss. Leverage (× 400) Lifting Almaliho get a loan from the seller or dealer, and then you can do to a business transaction fast and cheap, a small amount of the capital. Expressed as a percentage of total capital (located) and real capital (which is the amount of money we borrow). (Eg, 1:400, which allows the lifting of financial purchase or sale of 10000 U.S. dollars to 25 U.S. dollars). Please Note Trade currencies on margin, or lift more than a purchase. If you have 25 dollars in cash in the calculation of the margin has 400:1 Leverage, you can buy the currency value of U.S. $ 10000 that you have to put 0.25% of the purchase price as collateral. This means that while you have 25 dollars in cash and now you have 10000 dollars value of the purchase. On the other hand, while the purchasing power of your profitability more than it increases the Ksartk. We advise you to take the advice of very little time to understand the risks. Make sure to read the margin agreement in order to understand how it works for calculating the margin, and ask questions when going through things is not clear to you.