FXstreet.com

Spot Forex Trades

0

0

IMF supports Pakistan

Thu, Oct 23 2008, 14:39 GMT
by Anthony Samaha

ForexSurvivor


ForexSurvivor

Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.

1 minute with ForexSurvivor

 

 

 

A.        (23October US) Latest Impact: IMF supports Pakistan

 

The IMF received another application, after Iceland, from Pakistan to support its monetary system before facing total bankruptcy. Washington to approve $45bn as a rescue package to lessen the impact of the outflow of cash; Investors are withdrawing their accounts from the Pakistani banks.

 

Pakistan with a population of 170M & with over 60 nuclear heads, if faced by bankruptcy, would have very difficult time sustaining the counter insurgency & terror operations.

 

As a result, the US will not only have to pledge for rescue packages for its own financial crisis, but also for the international countries that is operating a war with under the title of ‘Democracy’ & ‘Counter terror.’ Have you seen any changes?

 

Remember: the more rescue packages are approved, the more printing of dollar is needed, thus the more hyperinflation trend to stem.

 

B.        Signal

EURNOK: Buy 89962; TP 200pips

Limit Order Valid till 24 October

 

 

C.        Mission Accomplished:

n/a

Position(s) Closed

 

 

D.        The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****

 

 

 

 

 

 

 

 


Archive

ForexSurvivor  | 1860 Rue Robinson, BLDG 108 Laval, PQ H7T 1L6, Canada
http://www.forexsurvivor.com | support@forexsurvivor.com

Legal disclaimer and risk disclosure

The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. **** Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.

Related reports

Fundamental News Summary - Asian Session News Summary by ecPulse.com
Fri, Nov 6 2009, 06:38 GMT

Daily FX Market Commentary - There were very few changes in the FOMC statement by Danske Bank A/S
Thu, Nov 5 2009, 08:03 GMT

London Gold Market Report by BullionVault.com
Wed, Nov 4 2009, 13:21 GMT

Gold Investments Market Update by GoldCore
Tue, Nov 3 2009, 13:48 GMT

Fundamental News Summary - Fundamental News Summary by ecPulse.com
Tue, Nov 3 2009, 13:38 GMT

eurnok, pakistan, imf

View All

Related content


Interested in forex trading? forex brokerage firms!


Forex Capital Markets, LLC (FXCM)
Contact the broker/FDM
Open a demo account
MG Financial Group
Contact the broker/FDM
Open a demo account
Interbank FX, LLC
Contact the broker/FDM
Open a demo account
Deutsche Bank
Contact the broker/FDM
Open a demo account
Saxo Bank A/S
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.