Alan’s Forex Blog

Here is an interesting article produced by Mr. Eric Roseman from The Sovereign Society (By the way, I recommend you sign-up for their free newsletter). As you can tell by the title, it builds on my previous coverage of the “dollar collapse” unfolding itself before our very eyes. I hope you find it informative and [...]

Wow, I am a bit surprised at how well my GalleonFX Managed Forex Account is doing. As the heading says, my account went up 11% in just 7 days! Needless to say I am quite happy at this moment. Who knows, maybe they will manage to achieve another 75% like back in September. Last month’s [...]

Dollar has been extremely weak recently on fear that credit market problems will worsen and force Fed to continue easing. The fall in greenback accelerates today after comments from Cheng Siwei, vice chairman of China’s National People’s Congress, said that China will “readjust” the $1.43 trillion of foreign-exchange reserves, favoring “stronger currencies over weaker ones”, [...]

I was quite surprised to hear of this, but nonetheless I’d like to congratulate the GalleonFX crew for achieving this distinction. I hope they keep this performance level up because my account is sure liking it Here is a copy of the e-mail they sent out to members:
In the November 2007 Issue of [...]

What is the definition of a dollar?
A dollar is a unit of measurement, much like a pound, a foot, or a mile. Specifically, the dollar is a unit of weight. It’s defined as 24.75 grains of [...]

Here is a very informative article for those of you who are interested in the currency trading market (like moi). This article is brought to you by SEAN HYMAN, Currency Director of The Sovereign Society.
Most investors know that a company’s earnings move a stock. But what moves a country’s currency?
Actually, there are many factors that [...]

Crude oil prices have continued to defy all skeptical predictions and hit a record high of $90 per barrel for the first time.
The historic high-point spells bad news for much of the economy, with businesses in many sectors relying on lower fuel costs in order to function most effectively.
Meanwhile, the happiest investors on the market [...]

Gold was again on the rise today, as the New York Mercantile Exchange saw futures for December delivery rise $6.90, or 0.9 per cent, to hit $769.20 per ounce.
A key factor in today’s fresh rise was a new fall in the value of the dollar relative to other currencies, with a recent rally for the [...]