Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Gordon Scott has been an active investor and technical analyst or ...
Foreign currency contracts subject to the Sec. 1256 mark-to-market rules would be defined as only including forward contracts, under proposed regulations the IRS and Treasury issued Tuesday ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Fiat currencies are issued and regulated by a country’s central bank but are not backed by a commodity like gold. Fiat currency is a type of money that is created by a government and is not backed by ...
U.S. Treasury Secretary Tim Geithner signaled the likelihood of a tougher trade stance on China when he told the Senate during his confirmation that President Obama "believes that China is ...
The overall U.S. trade deficit was a record-setting $763.6 billion in 2006, with the China portion being nearly $233 billion, also setting a record. In the past six years, our country has run up a ...
Brazil’s central bank will extend its foreign exchange swap auctions into next year, offering no more than the current limit of $200 million, the bank’s President Alexandre Tombini said. “In the ...