Scott Nourse's Blog (2)

Instability in the Euro-Zone is growing as the global economy comes under further pressure. The E-Z is now comprised of 16 nations, all of whom are governed by separate governments, yet only one central bank. The ECB is in charge of setting monetary policy and this week reduced rates to 2.00%. Meanwhile, each government is trying to figure out their own plan to stimulate the respective economies within the Euro-Zone. With some of these countries much smaller and posing greater investment risk… Continue

I doubt very much I need to point out how volatile the forex market has been since the end of last year. It's as though we haven't pulled out of "holiday trading." Fear not as this market is far too large now to stay this way very long. So, what do we do in the meantime? You have a few options; one of which is NOT quitting! If the volatility is too extreme for you or you've had some losses and lost confidence, DON'T just leave your computer alone for a month and then come back. There's nothing… Continue