Home > November, 2008

Japan Announces Stimulus Package

Archived in the category: Forex International News
Posted by admin on 18 Nov 08 - Comments Off

In early September, we reported that the Japanese government was considering a billion-dollar stimulus package to ease citizen relief from high food and fuel prices, as well as keep the Japanese economy afloat. The stimulus package is now official, and at 27 trillion yen ($275 billion), it’s a significant move to help the world’s number [...]

China’s Forex Reserve Growth Slows

Archived in the category: Forex International News
Posted by admin on 04 Nov 08 - Comments Off

When you start to learn forex psychology, it becomes clear that the “glass half empty” school of ideology prevails. Although China’s forex reserves are the world’s largest at $1.9 trillion as of September 2008, the focus lately has been on the fact that the overall growth rate has slowed this year due to global economic [...]