By Seeking Alpha After a surge during the early stages of the financial crisis, the U.S. dollar has resumed its secular trend downward. Many applaud this dollar weakening as a way to spur exports and economic growth. Martin Feldstein, the chairman of the Council of Economic Advisors under President Reagan, has written that a more “competitive” ...
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Interbank FX (US)
Overview: Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX) is a leading provider of online forex trading services, offering individual traders, fund managers and institutional customers proprietary technology and tools to trade spot foreign currency online. Unlike other retail Forex brokers, Interbank FX has distinguished itself as an industry leader ...
CFTC’s Asinine Proposal
Here we go again... the CFTC (www.cftc.gov) has put a proposal on the table that is recommending changing the US Forex leverage limitations further from 100:1 to 10:1. Leverage is the instrument used in Forex that allows those of us with small accounts to control large amounts of money in order to make a larger profit ...