by Kim Yan
Many people would like to take a vacation overseas. Yes it is true that you will be able to meet a lot of new friends when you are traveling abroad. It is a kind of experience that you can never get from the books. It is a very good way for you to learn other cultures.
One thing you may not know is that it can be very dangerous when you are traveling abroad. Here the notion of danger does not necessarily mean things such as car accidents. It is dangerous because you are in a place that you do not really know very well.
If it can be arranged, you are not suggested to arrive a place late at night you have never visited before unless it is all well arranged by travel agents. If for some reason you have to arrive your destination late at night, you may wait until next morning before you leave the airport.
Besides, it can be very dangerous when you are taking a taxi. As a result, you should make sure that the taxi is an official one. You should never take a vehicle which only looks like a taxi without any official identification of the driver.
As discussed, it can be very dangerous if you are traveling on your own. In fact, if it is possible, you should not travel alone. However, there are a lot of people who actually enjoy traveling alone. If you are one of those people, make sure you will pay extra attention to the safety issue.
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In the study of forex movements over time you often see a high correlation between currency movements and interest rate differentials.
As an example, if British Pounds are paying 6% on deposits and US dollars are paying 5%, with all other things being equal, investment funds would flow into the currency paying higher interest rates and that currency would strengthen relative to the other currency.
In the example given above we would therefore expect that the British Pound Sterling would gain in value against the US Dollar.
Of course, this is a rather simplistic view as for one thing the “other things” are never equal. At times it is even difficult to know exactly what the “other things” may be.
There are times when markets seem to ignore fundamentials completely and trade in a highly technical manner.
However, in making a judgement about the possibility of a market maintaining a long term trend one can not ignore interest rate differentials . A review of forex price movement charts will often show that a currency paying a relative high rate of interest will in fact trend higher against currencies paying lower interest rates. Â
That is one important reason why forex traders pay so much attention when central bankers of a major currency nation have their interest rate policy meetings. Occasionally the central bankers will surprise the forex market with an unexpected change in the level of interest rates and spark a fast change of price levels.
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Forbes magazine has been around for a long time. It was one of my must read magazines way back when in my college days.
Well, after all I was a finance and real estate major. And I did read, or at least look at, a few other famous non financial publications of the day.)
Today forget about the print media. Forbes and other print media publications that have withstood the test of time have finally figured out that they had better have a sharp web operation to operate and stay afloat in the 21st century.
The Forbes web operation covers a good number of markets including currencies and commodities. As you would expect from Forbes there is extensive stock market coverage.
Take a look. The Forbes folks seem to have worked hard at putting together a creditable online operation.
See what you think.
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This blog uses the Semiologic Dofollow Plug In. This is good news for those who make meaningful comments. The search engine spiders that visit this blog usually daily will track your blog down from your comments. As this blog grows and climbs up the Google PR ladder your benefit will keep on increasing.
Note that I also use the “Top Commentators” plug in. So if you want a bit of fame as you invite the spiders to your blog make a meaningful comment. Something more insightful than “have a nice day” please.
If you want to help spread the link love you will find the plug in at Semiologic.
Here’s to successful blogging by sharing.
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