Here is a nugget of information I stumbled upon recently. Reserve Bank of Zimbabwe commended both FED and UK financial authority for following the lead which they, Bank of Zimbabwe, established couple of years ago. What follows is a part of the news release:
“Here in Zimbabwe we had our near-bank failures a few years ago […]

Everybody who has taken more than few trades knows that some of them result in loss. Some people stay in loosing positions in hopes for markets to turn around and produce profits. While it might work on few occasions, it is only a matter of time before this kind of trading will end in a […]

Once again Swiss Franc has been alive on Thanksgiving night. I didn’t know if trading was possible for me, since I was hosting a dinner. Once that was over, I turned computer on to check the action. It was already past midnight(on the west coast) and European session was well under way. Being tired, I […]