Chinese Currency Forecast To Rise 9% In 2008
The movement in the Chinese currency (the yuan) in January 2008 is equivalent to about a 16% rise on a yearly basis, analysts have already begun to forecast that the Chinese currency could rise up to 9% by the end of the year. Economic growth in China for 2007 is expected to be reported around [...]
Read more »Forex Market Beginners Information
With over $1.2 trillion being traded every day it is easy to say that the Forex (Foreign Exchange) Market, is the largest market in the world. In fact this figure represents more turnover than all the world’s stock markets combined. When trading forex the currency of one country is traded against another. The exchange rate [...]
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