Friday, October 15, 2010

100 Iraqi Dinars - Rarity Nowadays

100 Iraqi Dinars - rarity nowadays

Tuesday, October 12, 2010

BP to restructure trading arm amid profit erosion

BP to restructure trading arm amid profit erosion: Oil major BP is restructuring its trading arm to cut costs and focus on growth markets such as China and India to turn around falling profits.

UK inflation rate stays at 3.1%

UK inflation rate stays at 3.1%: September's inflation figures mean benefits will rise next April by the CPI's 3।1% - but pensions will increase by the higher 4.6% RPI.
See the reaction of the global currency market at online quotes page.

Monday, October 11, 2010

$1 Dollar Origami. Part II


Crocodile and Bear


$1 Dollar Origami


A pair of boots




Tuesday, October 5, 2010

Friday, September 24, 2010

What is Qauntitative Easing

After its last monetary policy meeting the US federal reserve started talking about a possibility of quantitative easing driving the market high to heaven. Now let us explain what quantitative easing is and find out whether it is good or bad for the US economy and currency market. Quantitative easing is not a complex transaction. The FED exchanges overnight deposits for treasury bonds extending liquidity by pushing private sector savings to the financial markets, i.e. quantitative easing is not just printing money or throwing from a helicopter, it is just an asset exchange transaction, just a swap. It means that when implementing quantitative easing policy, the Federal Reserve pumps money into economy (increasing supply of money) in order to prevent from inflation. Risks include the policy being more effective than expected. That is it, so there is no panic for the market.