fx_tactician / Profile

What is a reserve currency and why is it important? by Patrick Patterson, Chief Strategist & Administrator of Educatio n Background A reserve currency is a currency that is stored in large quantities by foreign central banks and financial

by Patrick Patterson, IntegrityFX.com The credit crisis is not easily defined, but the major reason for it is the unwillingness of banks to lend to each other, to say nothing about the common man. It seems counter-intuitive but banks often lend money

If you are not familiar with a “Trader’s Fog”, it is eerily similar to the fog of war. It occurs whenever there are strong levels of ambiguity in situational awareness that is experienced by all participants in the market

The currency markets really don’t care if there is good news or bad news, as long as there isn’t uncertainty. The new version of the bailout bill is still drawing a fair amount of ire. Some Representatives in the House are openly opposed to voting