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MGM Mirage in Deal on Vegas Project MGM Mirage and Dubai World have agreed to terms that would ensure the completion of City Center, their joint project on the Las Vegas Strip. Wall Street JournalCourt jails Pirate Bay founders The founders of Pirate Bay, the world's most famous file-sharing site, are given jail terms in Sweden for copyright offences. BBCHTC Touch Diamond2 and Touch Pro2 Available (Just Not Yet for the U.S.) HTC has released the Touch Diamond2 and Touch Pro2 smartphones to Singapore and Southeast Asia markets. The smartphones are updates to the Touch Diamond, released in the United States on April 10, and the Touch Pro, which arrived on the Sprint network in October 2008. Among the updated features are HTCs TouchFLO 3D technology, which integrates with Microsoft Windows Mobile 6.1 to offer a more consistent experience across applications and menus; a people-centric approach to communication, which gathers together all the correspondence with a contact; and HTC Push Internet technology, which offers quicker rendering of a users favorite Web pages. Both HTC smartphones received increased battery life, higher-resolution cameras and larger VGA touch-screens. The HTC Touch Diamond2 and Touch Pro2 are slated for availability in North America later this year, said a spokesman for the company. - ... eWeekHow to Choose a Forex Broker? Don`t Get Scammed! So you want to trade forex and be part of the winning team? Good for you! But don't think you are the only one. In fact the forex market is growing by leaps and bounds every day as more and more private investors discover that this is the only financial market where they can trade on equal terms with the big players! E-ZineAutomated Forex Trading - Why Traders Lose Money and Lose Quickly Automated Forex trading is advertised as an easy way to make money with no effort, all you do is pay a couple of hundred of dollars and you will make an income for life but it's not true. If making money at Forex trading was as easy as paying a couple of hundred of dollars and making no effort, everyone would trade and no one would bother to work. If you look at the systems sold, they offer no evidence to back up the claims they make of huge gains with no ... E-ZineSurety Bond Rate Going Up Here`s How to Stop It How can you guarantee, that the rate for your surety bond will stay the same upon renewal? In many cases with struggling companies when it's time for your bond renewal they cannot meet the surety terms for the next year. If your credit or financials have taken a hit the cost of the bond may sky rocket and they may ask for collateral. E-ZineSwiss Franc Technical Outlook Like the EURUSD, the USDCHF has most likely resumed its longer term trend towards USD strength. This is my working assumption as long as price is above... Daily FXNew Zealand Dollar Technical Outlook There are 5 waves down from that .6090, indicating that the long term trend remains down. An expanded flat correction has unfolded from the February 2... Daily FXStumbleUpon Tumbles Away from eBay The online recommendation site buys back its independence from the auction giant citing a lack of “long-term synergies.” Ecommerce GuidePredicting nominal exchange rate movements using skewness information from options prices This paper uses a measure of the relative price of out-of-the-money (OTM) European put and call currency options to forecast daily movements in the dollar/euro exchange rate over the period of January 2002-June 2004. As these OTM options are pure bets on future movements of the exchange rate, their relative price contains information about the market's estimate of the relative probabilities of appreciation or depreciation of the euro over the life of the options. Forecasts that include the relative price of the OTM options offer significantly better out-of-sample predictions of tomorrow's exchange rate than either the simple random walk or an interest rate parity model. These results offer new insight into the puzzle of the day-to-day volatility of currency prices that should be driven by slow-moving macro fundamentals. Copyright © 2009 John Wiley & Sons, Ltd. Wiley InterScience1 2 |
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