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More than a decade ago I got severally whacked for USD 50K when trading my first live Forex account. It was a lesson I’ll never forget. Afterwards I went out a bought $350 worth of books about technical indicators because I was determined to ...

Chocolate Flavored Heating Oil

In reply, I present an excerpt from my coming book, The Sensible Guide To Forex. Forget the above patterns. For a really significant long term pattern, check out the mother of all double top patterns: First, here’s the very bearish looking double top ...

Chart of the Year: The Mother Of All Double Tops

Technical analyst Christopher Weaver has spent extensive time trading and studying the trends and movements of the foreign exchange market. With his new book, 4 Keys to Profitable Forex Trend Trading, available via Harriman House, Weaver aims to teach that ...

Christopher Weaver's New Book Offers the Secrets to Profitable Forex Trading

Peter: You write in your book that it's possible that President Obama may call for a return to a pseudo-gold standard. That seems far-fetched to me. Why would a bunch of pro-inflation Keynesians in Washington voluntarily restrict their ability ...

HIGHLIGHTS: Peter Schiff Interviews Currency Wars Author James Rickards

“The banks with large books were not able to manage their net open position limits and the new levels given were getting breached,” said another dealer at a private bank. “So banks represented with RBI asking for the bare minimum levels required ...

RBI slightly relaxes forex curbs for some banks

NEW DELHI: Jubilant Life Sciences today said it has posted consolidated net loss of Rs 78.39 crore for the quarter ended December 31, mainly due to forex losses ... "Unrealised mark to market book loss mainly on account of currency movement ...

Jubilant Life Sciences Q3 net loss at Rs 78.39 crore

One major hit came from the forex movement. The last quarter saw the Indian currency depreciate 9 per cent against the US dollar and a sharper fall of 19 per cent since April 2011. "This has resulted in mark-to-market losses in our books on ...

Blackstone-controlled Gokaldas Exports' Q3 loss doubles

The mass-market travel group has been particularly hard hit by the economic slump, as consumers increasingly turn to the Internet to book their own vacations. Thomas Cook was not immediately available for comment.

Thomas Cook to sell Indian forex business

Likewise, receipts at sporting goods, hobby, book and music stores rose 2.9 percent, following 1.7 percent gain in the previous month. On the other hand, furniture and home furnishing registered 0.8 percent decrease in November, the third ...