Posts Tagged ‘ global economy ’
As a rule, foreign currency or foreign exchange market trade thrives on secrecy and protection of sources of information. Forex trading secrets substantive rule in which the market operates. Basic, Forex trading buys one currency and selling another, believing that the market and currency values will change in such a way as to buy the [ READ MORE ]
Money made by chaos. It’s an obvious fact that our human life is too short to be satisfied with it. Sometimes it seems tome that the speed of our life is supersonic or even faster. So there‘s no wonder that humans try to catch all possible chances enjoy their short at the full capacity. And if [ READ MORE ]
The Chinese Yuan (RMB) spent all of 2009 pegged to the Dollar at 6.83. Since the Dollar depreciated against almost every other currency during that time period, the Yuan has fallen against these currencies, undoing most of its appreciation in 2008. As a result of both international pressure and internal economic conditions, however, the Yuan’s [ READ MORE ]
The forecast for 2009, that was posted by me on January 3rd this year, came out to be not very accurate but definitely better than the one for the year 2008. I’ve missed largely with the USD-based pairs (especially GBP/USD — a parity! What was I thinking about?!), but the yen-based forecasts fulfilled almost perfectly. Although the oil fluctuated quite close to my forecast $75 for the second half of the year, its bottom was [ READ MORE ]
Today, we bring you an interview (the second part, and complete transcript) with Edward Hugh, a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows. Edward is based in Barcelona, and is currently engaged in research into the impact of [ READ MORE ]
Many analysts are pointing to Friday, December 4, as the day that logic returned to the forex markets. On that day, the scheduled release of US non-farm payrolls indicated a drop in the unemployment rate and shocked investors. This was noteworthy in and of itself (because it suggests that the recession is already fading), but [ READ MORE ]
I just finished reading a Wall Street Journal piece (Central Banks Rattle Markets), which laid out, in fairly broad terms, how the activities of Central Banks have become the main fodder for forex traders, and how this trend will continue as the global economy looks to move beyond the credit crisis. The piece got me [ READ MORE ]
Given the growing popularity of the Internet worldwide trading Forex more and more people try their hand at the foreign exchange markets. Strategies used in the new, along with an experienced trader come sometimes differ. Fortunately, all currency traders belong to one of three basic groups. They either technical traders, basic traders or they the [ READ MORE ]
Today, we bring you an interview with Edward Hugh, a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows. Edward is based in Barcelona, and is currently engaged in research into the impact of aging, longevity, fertility and migration on [ READ MORE ]
The Brazilian Real has been the world’s best-performing currency against the Dollar in the year-to-date, having risen 32% through the beginning of October. At this point, a mere 8% rise would send it crashing through the high that it touched last summer, prior to the collapse of Lehman Brothers. The currency has now firmly returned to [ READ MORE ]
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