Interbank FX (IBFX.com), a worldwide provider of online off-exchange retail foreign currency (Forex/FX) trading, today announced its participation in Arabcom group’s fifth annual Middle East Forex Trading Expo and Conference to be held November 17-18  at Jumeirah Emirates Towers Hotel in Dubai.

In addition, Interbank FX is nominated for the ME Forex award in multiple categories, including Best Forex Broker, Best Forex Education Provider, Fastest Growing FX Company among others.

“As the Middle East continues rapidly developing into a major financial hub, it maintains strong liquidity making it an attractive market for increasingly risk-averse investors,” said Interbank FX chairman and president Todd Crosland.  “We were delighted to have a returning presence and recognition in the Middle East Forex Trading Expo.”

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Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian Krone, and Swedish Krona.
Varengold Bank, the award winning German investment bank, today announced that it will list 15 new foreign exchange (FX) currency pairs.
The pairs, representing currencies from Eastern Europe, South Africa, and Scandinavia, will debut on the 1st of October.

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Dollar Falls to Lowest Level in 2009

The dollar is coming under pressure from U.S. monetary and fiscal policy, according to Chuck Butler of EverBank World Markets, who also talks about investing in currencies and precious metals.

The dollars role as the world’s main currency is over and its future is unstable, says author and journalist Webster Tarpley.

One Trillion Dollars Visualized from www.mint.com

It’s official, trillion is the new billion!

No longer is government spending around the world talked about in terms of a mere ten digits. With the recent flurry of government spending, we are going to need another three zeros to make sense of it all. One trillion dollars is a number that few people can comprehend, let alone your standard nine digit calculator. So what does one trillion dollars look like?

Steady Week for the US Dollar
In a relatively quiet week, the US Dollar range traded against the major currencies, mainly driven by some economic indicators. The Euro traded between 1.3750 and 1.4000, and the Sterling between 1.62 and 1.65.  The Japanese Yen shortly dipped to the 95 level, but came back on Friday to the 97 area. The Australian Dollar moved around the 0.80 level, with a low of 0.7848 and a high of 0.8119. Finally, the Swiss Franc jumped to the 1.09 level from 1.07, due to fears from further intervention from the Swiss National Bank. Commodities were also quiet, as oil settled close to the $70 level, and gold prices closed at $934.

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