foreign-exchange

Adam’s 5 Big Market Predictions for 2011

Filed in BP, euro, foreign-exchange, Gold, Gold Investing, gold trading, o by on December 29, 2010 0 Comments

It’s that time of year again when everyone who is considered an “expert” comes out of their ivory towers and makes their annual market predictions for the new year. It’s time to kiss those predictions goodbye. I can honestly say that I wish I had a crystal ball like these other forecasters, but that’s not

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RUSAL (PA:RUSAL) Earnings Plummet on FOREX Costs

Earnings for RUSAL (PA:RUSAL) dropped 55 percent on foreign exchange losses during the latest quarter. Net profit for the quarter ending September 30 was $29 million, down from the $64 million in earnings last year in the same quarter. Taking away the foreign exchange costs, net profit for the quarter would have come in at $419 million, according to RUSAL. Expenses in the quarter increased to

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