Foreign Exchange Trading: Understanding that money doesn't grow on trees!

Saturday, November 01, 2008

How I wish this would happen in real life! ^_^

In the US business crisis this year, the markets have yet to prove its worth if the billion dollar rescue package implemented by the government is working or not. This has greatly affected the world markets and I've got good news to tell you today.

Consumer spending has been at an all time low today and analysts predict that the US business outlook weakened but there were signs of stabilization in global markets on Friday, with interbank rates are now falling and U.S. stocks posting their best and grandest week in 34 years. This has been the best shape the market has been. In the few months of volatile trading, it is now showing signs of normalcy.

How to save the extremely sensitive U.S. housing market (comprised of lots of loans and debts), which stands at the root of the global credit crisis, again took center stage on the last Friday's trading before Americans go to the polls to choose their next president from Obama and McCain (which will be in a few days). November 4th will be a great date to take note of. Foreign exchange markets will show its shape both in the US and elsewhere around the globe. The Philippines this morning has it's peso even pegged at 49 pesos+ at this season where consumer spending and dollar remittances will be at an all time high because of Christmas season. It's a place to take advantage if you would like to have more than what you bargain for.


Though there seem to be some problems ahead, Japan also slashed interest rates at 0.25%, British banking giant Barclays said it was trying to raise about $12 billion in capital and a top U.S. congressman demanded that banks now use money from the country's $700 billion financial bailout package (yes the one I was discussing in previous posts) to boost lending. This would be a tough decision for the government to take since they are aware of the current volatility and they should know when to release these so called "lifesaver" funds. This would be a common Forex Strategy they can implement now that some parts of the government actions are taking effect.

Another thing that would help ordinary Americans would be if they now learn currency trading and take advantage of the dollar. With it's value increasing in some parts of the globe like the Philippines and other not so much affected Asian and European markets, you can now have the purchasing power used there instead of only taking these to the US. Things would be reciprocated in the long run since the world market has opened more opportunities to recover losses from previous months. There are several Forex Trading websites that would be able to help you fully understand how these works. If you would to consider yourself the "middle class" and you intend to earn with stable market activity, I suggest you consider looking at other places and corporations who remain strong despite the economic crunch happening in the United States and around the globe. I'm just telling you that there are far more greater opportunities than to just operate in one location. I work in BPO so I kinda know how this works. It's not just jobs you want to generate in the US, you need to also survive the costs that are overboard hurting your corporations. Having to spend less than what manpower is in the states would get you stabilized in the long run and earn much higher. Keeping your company in existence would be better than losing everything to mere speculations and markets driven by executives of a few greedy corporations. You'll get the hang of it because if you know how it works, you will be better I'm quite sure of that. You have to know that money doesn't grow on trees and you have to spend wisely, making sure you only invest on low interest high security corporations than volatile ones that are not even just AAA'd in papers and hearsay. I just wish you know and understand now where the executives of AIG got their million dollar bonuses.




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Espie Hupida Freed from Captivity by ABU SAYYAF

With Ms. Espie Hupida free, only my Aunt Milet remains captive. Please pray for her safety.
Photo by bworldonline.com

I just learned from my dad that today's newspapers contain good news that one of the kidnapped people by forces of Abu Sayyaf was released yesterday. Ms. Esperancita "Espie" Hupida of Nagdilaab Foundation Inc. and member of United Children's Christian Fund after 46 days of captivity was freed in Basilan. She was released in the vicinity of Sitio Limbo Kassa in Barangay Magkawa, Al Barka Basilan. She was turned over to Vice Governor Al Rasheed Sakalahul which leads the Crisis Management Committee. They however did not disclose any information if ransom was paid or not. No news also of my Aunt Milet Mendoza who is still being held captive by these Abu Sayyaf. Please continue to pray for her safety!


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I like John Lewis' Furniture

Friday, October 31, 2008

Now you see how smooth everything looks with John Lewis?! ^_^


I have been an impulsive buyer of sorts. This is one condition that I could not decipher myself (and I confess!) but in the day and age of “upcoming recessions”, “slow down of markets” and “volatile businesses”, I don’t think about spending too much on necessities for my house. Prices have gone up but if you think about it, you’ll just have to stick to your instincts in purchasing large items and base everything on “QUALITY”. You heard it ladies and gentlemen; the word for the day is quality.

I just had our house renovated. Some pieces of my furniture are really getting outdated. From those Avant-garde tables and chairs we have in the living room to modern metal equipment we have in the kitchen, and antiques passed on from generation to generation, we simply would need some of our furniture to bind these times together. I’m not rich and famous (well sometimes I am LOL) but I saw this collection from John Lewis Bedrooms, a famous retailer in the UK. When I saw the furniture, I was in love as everything seemed to be designed to fit in any room in my house. Now I know I would not have any problem choosing the perfect nightstands, dressers, wardrobes, and stools that can jazz up my generation gapped house. Everything will blend; it will be simple yet elegant and with flare.

I now have pictured the perfect bedroom for me and my brother in Ireland. I’ll decide to buy the best; including mattresses when I decide to migrate to London late this year (if all plans push through, I’ll be flying in a few months). With the pieces he has in his store, all my things will be kept in place. I know it’ll turn my bedroom into a luxurious place for retreat. I hope to really make my home there as a place of refuge, so I can relax and just concentrate on my I.T. studies at Kensington College.

I’ll recommend John Lewis Bedrooms to everyone when I get there. ^_^

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LAST WEEK BEFORE THE US ELECTIONS

Wednesday, October 29, 2008

Last call for the last week!
The disgruntled faces seen here are from donkeydish.com ^_^

I and countless people around the world awaits Uncle Sam to decide who'll win in the up coming elections. The impact of votes by Americans will greatly affect the economical and political conditions around the globe. The issue over economy has been deliberated over and over again and I'm not discounting the fact that this is really a BIG thing to be concerned with... though there are other ones that should have been dealt with so these repercussion and preposterous results do not happen. Large percentages are already lost and they should have invested more time in business confidence rather than bailing out banks. I think people really didn't know how this started... but really because of a few greedy people (which comprised of board members of these banks) that had GIGANTIC amounts of bonuses and living "la vida loca" today, the whole economy of the US is at stake. They earned a lot but since the credit and lending became too volatile when they left it, a recession is about to occur. This is what is at the drawing table both on McCain and Obama's camps... if a miracle happened, then this would not be a problem anymore for millions who invested in the US economy.

Seems to me that Obama is leading. Last time I read the news, almost 8 states that were originally solid for Bush went to the side of Obama. This is a huge mistake on McCain for not maintaining these states where electorates were even high. I'm so sorry but I think Obama is gonna be the first black president. You can probably quote me on this a day before if the double digit lead doesn't change lolz! McCain still however has a week left to change these undecided votes to his camp.. but did you see the CNN debate where Obama still fared better among neutral voters at that time? Most probably, it won't be a showdown on the 4th of November. It would be a massacre!


DANCE IT OFF! ^_^


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