There are relatively well documented cases of some people earning as much as $500 per DAY and more. Numbers like that are rare exceptions however. Even so, there is no reason why you can’t earn somewhere around $1,000 per month, or more, once you get the hang of it. How to get started using Google AdSense Make a visit to Google’s AdSense Site (https://www.google.com/adsense/) and sign up. Make sure that you read their Acceptable Use Policy and that you follow their content requirements. Using Google AdSense on your site is like collecting free money.can generate a serious income with AdSense.
Friday, July 11, 2008
Earn from your site from Adsense..!!!!!
There are relatively well documented cases of some people earning as much as $500 per DAY and more. Numbers like that are rare exceptions however. Even so, there is no reason why you can’t earn somewhere around $1,000 per month, or more, once you get the hang of it. How to get started using Google AdSense Make a visit to Google’s AdSense Site (https://www.google.com/adsense/) and sign up. Make sure that you read their Acceptable Use Policy and that you follow their content requirements. Using Google AdSense on your site is like collecting free money.can generate a serious income with AdSense.
Forex Trading
Foreign exchange market is one market which never closes. You can keep in touch with your investments throughout the day, 24hours. Forex market has transactions of over 3.2 trillion dollars per day. The figure itself is nearly 30 times higher than the transactions carried on share markets in US.
If you are a beginner you must learn Forex before beginning to trade Forex. Learning FX is very easy with easy to learn information provided here. What is Forex?
Forex is the foreign exchange market. You make money here by buying and selling foreign currencies. Unlike share market here you trade with some restrictions and regulations. There are new set of rules and regulations for Forex trading. In Forex market trading happens in pairs with USD usually work as a base currency. Here buying and selling happens at the same time. You exchange the currency you are selling with the currency you buy. Currency is traded in pairs. Euro/US Dollar (EURO/USD) or US Dollar/ Swiss franc. Most of the trading happens in the major currencies like USD/ Euro/ Swiss Franc, Canadian and Australian Dollar and Japanese Yen etc.
Why Forex?
Forex is a money making opportunity because of the following advantages.
Unlike stock market, which has a particular timing for the transactions to takes place, we can in FX market respond to the happenings around us that may affect Forex market immediately as and when they happen.
It has a high leverage Margin
Forex market has high leverage margin. Forex traders often offer trade margin of 50:1, 100:1. 150:1 and sometimes 200:1. It gives you a great opportunity to trade big volumes with smaller investments. For example if you have invested 1000usd you can with a 100:1 margin trade up to 100000usd.
Thursday, July 10, 2008
USD Falling after FOMC Statement
![](http://bp0.blogger.com/_gXMOmZxeN3g/SHY-sDEoTVI/AAAAAAAAACI/hZ4idHqrXvg/s0-d/US_Dollar.jpg)
The U.S. dollar dropped against the euro, pound and yen today after the Federal Reserve left the interest rate unchanged and released a statement showing no substantial signs that the rate can be raised by the end of the year.
As the majority of the market analysts expected, the Federal Open Market Committee left the federal funds rate at 2.00 percent at this meeting. The main question was the statement and the signals for the further rate hikes. The Forex market expected some strong signs that the rate will be increased soon. As the statement failed to meet these expectations, the market reacted with a fast and volatile dollar’s depreciation against the other currencies.
Although the Fed noted that the economic growth is probably going to expand and there are risks of uncertainty regarding the inflation, the statement missed any notions that usually predate the rate hikes. The only positive signal for the dollar bulls was one vote against this decision (Richard W. Fisher preferred to increase the rate):
The Committee expects inflation to moderate later this year and next year. However, in light of the continued increases in the prices of energy and some other commodities and the elevated state of some indicators of inflation expectations, uncertainty about the inflation outlook remains high.
EUR/USD went up today from 1.5571 to 1.5675 as of 19:45 GMT with a daily high at 1.5587. GBP/USD increased from 1.9709 to 1.9753, while USD/JPY went down 107.81 107.74 even with a falling yen.
NZD Headed for Weekly Loss
![](http://bp2.blogger.com/_gXMOmZxeN3g/SHY-UGAOKaI/AAAAAAAAACA/kPTKBDWVxrc/s0-d/NZD.jpg)
The New Zealand dollar continued to lose against other currencies today (except the U.S. dollar) as the economy contracted in the first quarter and the expectations that the central bank will cut the interest rate rose.
Although, the New Zealand currency is rising today against the U.S. dollar, it’s still going down sharply against the yen, euro, and Australian dollars. It will probably end the week in the negative zone against those three currencies.
The gross domestic product fell 0.3 percent in the first quarter of 2008 in New Zealand showing that the 8.25 percent interest rate is pressing hard on the country’s economy. Output contraction may play a significant role at the next Reserve Bank of New Zealand monetary policy meeting.
Currency analysts now await at least 1 percent rate cut by the end of this year. Last several years high interest rate was one of the major reasons for NZD’s attractiveness on the currency market.
NZD/USD started the week at 0.7607 and is now trading at 0.7592 as of 9:22 GMT, it would be a deepr drop if not for today’s growth for about 45 pips. NZD/JPY opened at 81.52 this week and is closing near 80.65. AUD/NZD rose from 1.2528 to 1.2660 this week reaching its highest peak since July 2001.
Swiss Libor Rate Unchanged at 2.75%
![](http://bp2.blogger.com/_gXMOmZxeN3g/SHYuiJqOItI/AAAAAAAAAB4/7r4pQYuDMwk/s0-d/Swiss_Franc.jpg)
Swiss National Bank chose to keep the national three-month Libor (interest rate) unchanged at 2.75% after it was increased by 0.25% back in September 2007. After this announcement Swiss franc gained a little against all other major currencies except the Japanese yen.
The reason to stop increasing the interest rates further came from two sides: first, Swiss National Bank (SNB) is expecting that GDP growth will be slowed down by the global instability - the fact that wasn’t foreseen in the September economy outlook; second, inflation rate is slowing down, which removes any fundamental base for another rate hike.
With the inflation rate at the expected 0.7% rate for 2007, SNB now has nothing to worry about - over-regulating something that is working fine is not a job for central banks:
The expected downturn in economic growth will result in an improved inflation outlook for 2009 and 2010. However, rising oil prices will temporarily push up inflation in the first half of 2008. Assuming that the three-month Libor remains unchanged at 2.75%, the National Bank expects an average annual inflation rate of 0.7% in 2007, 1.7% in 2008 and 1.5% in 2009. After having passed its peak in the first half of 2008, inflation is likely to stabilise below 2%.
This rate decision wasn’t a surprise for analysts and helped CHF to gain against other currencies. Only Japanese yen, which is growing after the Nikkei Index fell down by more than 2% today, showed more power against franc, gaining almost 0.5% against Swiss currency.
Dollar at 2-Month Minimum versus Euro
![](http://bp2.blogger.com/_gXMOmZxeN3g/SHYtKDT6snI/AAAAAAAAABw/8UM2NRabbRo/s0-d/US_Dollar.jpg)
The U.S. dollar reached its lowest value against the European currency in more than two months today as the traders are waiting ADP report on the June jobs dynamics and expect it to show a first decline in four months.
Automatic Data Processing, Inc. reports on the employment in the non-farm private business sector each month, relying on the private data of its business clients. June report will be released today at 12:15 GMT and the median analysts’ forecast is a decline by 20k after 40k gain in May.
The dollar also declined against the Australian currency today as the macroeconomic statistics there pushed the AUD rate higher against almost all other currencies. Despite loses against euro, Australian and New Zealand dollars, USD managed to grow against the Great Britain pound today as the Bank of England will probably abstain from increasing the rates and may even cut the interest rate during its next meeting on July 10.
Although the dollar is trading quite low this week and is experiencing a downside daily trend against euro since June 16, in a longer term period the EUR/USD pair is still going sideways. The approach of the period’s maximum levels may trigger the sell-out on the pair by the range speculators.
EUR/USD went up today from 1.5793 to 1.5813 as of 8:26 GMT with a maximum at 1.5849 (the highest level since April 24). GBP/USD dropped 1.9953 to 1.9894, while AUD/USD rose from 0.9551 to 0.9608.
Bank Indonesia Raises Borrowing Costs
![](http://bp0.blogger.com/_gXMOmZxeN3g/SHYsssnqJRI/AAAAAAAAABo/crIPO4Lvpzo/s0-d/Indonesian_Rupiah.jpg)
The Bank Indonesia increased the interest rates today for its third meeting in a row to efficiently fight the accelerating inflation caused by the growing food and oil prices.
The central bank voted for the interest rate to be raised from 8.5 percent to 8.75 percent. The only reason the government wants to hold the rates that high, despite the unpopularity of such measures, is the fastest price growth in Indonesia in the last 21months.
Although the rate of the Indonesian rupiah remains quite steady against the U.S. dollar since April this year, the USD/IDR rate may experience some decline, as this interest rate hike may cause more investors to secure their assets in the Indonesian currencies and get a higher yield.
The rate increase wasn’t a surprise for the market analysts — the growing fuels costs cause protests by the transportation workers world-wide and Indonesia isn’t the exception. Despite the fact that the high borrowing costs may hurt the position of the current President Susilo Bambang Yudhoyono on the general elections next year, the inflation remains the central bank’s main priority.