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INTRODUCTION
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Forex market

It is important to understand that in the forex market you are trading currency pairs as a single unit. These pairs consist of two different currencies and are priced based on the value of one currency divided by the other. Technically you are making two trades when you trade any forex pair. You are buying one currency while simultaneously selling the other. For example: with the AUD/USD you are buying the AUD while selling the USD when you go long the pair. _______________________________________________________

Thursday, March 5, 2009

Power of Government to Regulate

The precise scope of police power is difficult to define.
It covers, for example:

  • The maintenance of the peace by the police.
  • The licensing of some trades and professions.
  • The regulation of rates charged by public service corporations.
  • The regulation of security issues by so-called Blue Sky laws, which are statutes intended to prevent fraud in the sale of stocks and bonds.
  • The regulation of hours of labor; and such health regulations as quarantine and compulsory vaccination.
Posted by: Gardo @ 2:48 AM

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