Posts Tagged ‘ US ’
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 ]
Dollar strengthened against the yen on reports that Bank of Japan may increase its quantitative easing program in April from the current level of 10 Trillion yen. Japan’s three month Libor rates dipped below the US equivalent prompting a further rally in USD/JPY to 89.40. [ READ MORE ]
It’s still anyone’s guess as to if and when China will allow the Yuan (RMB) to continue appreciating. You can see from the chart below – which shows the trading history for the RMB/USD December 2010 futures contract – that expectations of revaluation have eroded steadily since December 2009. At that time, it was projected [ READ MORE ]
In January, the Canadian Dollar (aka Loonie) registered its worst monthly performance since June. Many analysts pointed to this as proof that its run was over, after coming tantalizingly close to parity. Others insisted that the decline was only a temporary correction, a mere squaring of positions before the Loonie’s next big run. Who’s right? [ 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 ]
Last month, I reported on how anticipation is (was) building towards a revaluation of the Chinese Yuan (RMB), confidently stating that “The only questions are when, how and to what extent.” While I’m not ready to recant that prediction just yet, I may have to temper it somewhat. On the one hand, the case for RMB [ READ MORE ]
Learn Fibonacci Retracement and download this FREE Fibonacci Strike Method that pulls 300-500 pips per trade. Get the shocking Forex Robot World Cup 40 page PDF Insider Report FREE that reveals all about the automated trading systems. Read the story of Richard Samuels, a post office mailman with a head injury and how he made [ READ MORE ]
In December, I posted about Ben Bernanke (Bernanke’s Background and Near-Term US Monetary Policy), specifically about how a basic understanding of Bernanke’s academic background and philosophical approach to monetary policy could be useful for predicting the general direction of interest rates, irrespective of prevailing economic conditions. This post, is somewhere between a follow-up and a [ READ MORE ]
Another volatile night of trade in the currency markets with EUR/USD making fresh multi month lows as risk aversion reigned supreme ahead of US NFP report at 13:30 GMT. The EUR/USD dropped below the 1.3650 level for the first time since May of 2009 as relentless selling in EUR/JPY cross amidst very thin [ READ MORE ]
Forex trading is an attractive way to make money for many people, but before you join this lucrative market, it is wise to get yourself familiar with the basic jargon used in currency trading. Forex market involves trading lots of world currencies and the most popular currencies to trade are the US Dollar, Euro, Great [ READ MORE ]
Powered by MailChimp
