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Forex Market Commentaries - Iceland Emerges From Brief Economic Winter

As Iceland's Economic Winter Thaws What Lessons Can Be Learned By Europe's Policy Makers?

Iceland’s approach to dealing with the meltdown was to put the needs of its population ahead of the markets at every turn. No it’s not a typo it’s an attempt to reinforce the one workable solution that has investment banks running scared, debt forgiveness. In any other business if you mess up, you fail, you […]

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Forex Market Commentaries - French Economy On Defcon 2

RWN (Rating Watch Negative) = Financial DEFCON 2 For France

In November 1959, the Joint Chiefs of Staff created the DEFCON system so that a uniform readiness posture could be prescribed in the various military commands. Since the system was introduced, portions of the U.S. military have been placed at higher readiness levels on numerous instances. The DEFCON level is controlled primarily by the President

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