If you’ve heard of the gigantic debt default which the government of Dubai (an Arab Emirate on the Persian Gulf) announced then you’re probably aware that all the talk of the financial crisis being over is just a load of crock. The real-estate bubbles that has burst in the developed countries such as the US [...]

If you watch the financial news you know who Bob Iaccino is. Bob is one of the most frequent guests on a number of the top business shows. He has appeared on CNN, Fox, and quoted in the Wall Street Journal (and other publications). He is known for his straight, no nonesense approch to trading.

What [...]

The USD rose today across the board against all major currencies. The EUR/USD value dropped to 1.4850, below the support level of 1.5000 which it has seemed so comfortable in earlier this week.

The reason why the USD is now gaining is simple: FEAR!

During the global financial crisis we’re in (and don’t let anybody tell you [...]