Fx currency trading saw the euro flop over the independent report commissioned by the Spanish government that showed a €53.75 billion fiscal hole, as opposed to the €62 billion initially estimated.
The study was commissioned to estimate how bad the damage years of reckless lending to building developers during the country’s boom years deepened Spain’s debt…
Fx currency trading starts the week with a weakened euro after latest German economic data was more fragile than expected and investors are still waiting on Spain’s bailout final decision and new developments in Greece.
The euro briefly went down below $1.29 against the dollar before going back up to the $1.30 level.
Fx currency trading has become a very popular way of earning a potentially good profit, in the comfort of your house or office and with all the advantages the internet can provide.
Today, trading in the currency market is no longer the domain of big banks, investment firms or highly educated individuals.