Posts Tagged ‘ crisis ’
Since most emerging market economies and financial markets are fairly small, their currencies are subject to the whims of international investors, moreso than is the case with major currencies. For that reason, when I research emerging market currencies as a whole, I often like to focus on what investors are saying are saying about their [ READ MORE ]
The Wall Street Journal’s coverage of the Greek dent crisis has focused less on the crisis itself, and more on the markets’ reaction to it. With headlines like “Hedge Funds Try ‘Career Trade’ Against Euro” and “Speculators Bet Record Amount Against Euro For 4th Week” and “Europe Trouble, U.S. Opportunity” – among others – the [ READ MORE ]
With this post, I want to try to clarify the Greek fiscal crisis. The problem is that it’s not clear exactly how serious the problem is, because most of the media coverage of the crisis has been directed towards the financial markets’ perception of it, rather than its underlying fundamentals. In the end, I think [ READ MORE ]
Since the emergence of the debt crisis in Greece, UK policymakers have been once again patting themselves on the back for not joining the Euro. Otherwise, they would currently be in the same awkward position as France and Germany, whose economic might underpins the entire Eurozone and are wondering about if and how they should [ READ MORE ]
Currency markets operate in funny ways. Greece’s fiscal problems are hardly a new development. During years of boom and bust alike, it ran unsustainable budget deficits. Why investors have decided to fret now – as opposed to last year or next year, for example – on the distant possibility of default, is somewhat mysterious. After all, [ READ MORE ]
The U.S. dollar pared losses versus the euro today despite the negative numbers brought by a trade balance report published today, since the Greek crisis is still the factor defining market sentiment. The dollar fell yesterday on speculations that an EU summit to be held tomorrow would include a proposal to rescue Greece, but today, as these expectation faded out, the dollar returned to its bullish pattern. EUR/USD currently trades at 1.3734. U.S. [ READ MORE ]
Currency markets continued to be on edge regarding the resolution of the Greek fiscal crisis with all eyes focused on the German Finance Ministry meeting ahead of the EU summit tomorrow. The German meeting ended with no official decision on the issue, but sources stated that they expect a statement to come tomorrow. The [ READ MORE ]
After a rudderless G7 meeting over the weekend that saw no resolution on the Greek crisis, risk currencies drifted lower once again at the start of Asian session trade, but rebounded sharply on short covering flows when European markets opened for business. The G7 meeting produced no concrete agreement on the issue of Greece’s [ READ MORE ]
The G7 meeting over the weekend produced no concrete proposals on the resolution of the Greek crisis leaving the currency market adrift at the start of the Monday trade. The G7 officials also discussed the possibility of an additional 15bp tax on the financial sector to help raise revenue after last year’s massive fiscal stimulus [ READ MORE ]
Today in the conditions of an economic crisis when many firms are closed and people stay without work, possibility of earnings in Forex market is actual than ever. What is Forex and how is possible to earn on it? Today an earnings advertising in Forex market is very active. Forex is the international currency market formed [ READ MORE ]
Powered by MailChimp
