All Blogs
Slumping commodity prices have taken African currencies down with them, exposing the fundamental economic frailties of the world's poorest continent by driving up inflation in countries that import most of their manufactured goods...
The problem with introducing a tax on currency transactions in China: It’s probably too late. Taxing foreign exchange transactions – sometimes known as a Tobin tax – aims to limit short term currency transactions by making them more costly...
The angst generated in international circles by global currency wars was on full display this week, after it was revealed US Treasury officials had "expressed concern" the Reserve Bank of Australia had tried to talk down the local currency...
Central banks have reduced official interest rates to historically lows, either near zero (known as ZIRP or Zero Interest Rate Policy). Long term bond rates are also at historically low levels...
The pound is on the rise today and has just run to a new high of 1.4140. It did virtually nothing after the retail sales so we can't finger that as a reason. The mid-1.40's has developed into decent looking support. I had 1.4040/45 pegged but we've it slightly higher at 1.4050. 1...
Another interest rate increase “may not be far off” with the U.S. economy performing much as expected in 2016, St. Louis Fed President James Bullard said Thursday...
We continue to sale #GPBUSD. The result of the position opened at 1.4364 has already exceeded two figures of #profit. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Euro Declines Against Majors The euro drifted lower against its major counterparts in early New York deals on Thursday, as continued sell-off in commodities sapped demand for riskier assets, while a decline in Eurozone bond yields weighed...
We are holding the short position in #Gold. Among signals to add we should specify bars of the "red zone." The value of the red Alligator's line is at 1242.64. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
US Stocks Appear on Track for Third Straight Loss US stocks fell in early trading as investors considered a possibility of an early rate hike amid weak economic data and falling oil prices. At the time of writing, Dow Jones Industrial Average (DJIA) was down 0.48% or 83 points...
Fed’s Bullard - Fed is Going Up Very Slowly on Interest Rates Fed’s Bullard is back on the wires extending his previous hawkish talk by saying the Fed is going up very slowly on interest rates...
Hawkish Bullard and Weak US Data Fail to Move Cable Hawkish comments from Bullard and weak US data may have pushed USD/JPY lower, but failed to trigger a major reaction in the GBP/USD pair, which continues to trade largely unaffected above 1.41 handle...
USD/CAD Challenges Highs Near 1.33, Oil Plummets The greenback remains on a firmer footing vs. its Canadian neighbour on Thursday, now lifting USD/CAD to fresh peaks in the 1.3280/85 band...
Gold Recovers Losses, but Hawkish Fed Speak Caps Gains Gold managed to recovery losses, but is having a hard time turning positive on the day as Fed’s Bullard joined “rate hike could happen sooner” bandwagon. Hovers around $1220/Oz Prices recovered from the one-month low of $1212...
EUR/USD Muted Post-US PMI, Around 1.1160 Nothing new around EUR/USD following today’s Services PMI in the US economy, keeping the negative ground in the 1.1160/50 band so far. EUR/USD now looks to US Q4 GDP The pair kept the composure after flash US Services PMI has returned above the 50...
ECB Says Eurozone's Moderate Recovery Damped By External Developments Euro area economic recovery is set to continue at a moderate pace as global concerns such as the emerging market slowdown and a stronger euro weaken prospects for stronger expansion, the European Central Bank said in its latest...
U.S. Durable Goods Orders Fall Slightly Less Than Expected In February After reporting a significant rebound in new orders for U.S...
Singapore Finmin Sees Slower Growth; Unveils Industry Transformation Programme Singapore Finance Minister Heng Swee Keat said the economy faces strong headwinds from the weakness in the global economy but there is no reason to be overly pessimistic...
U.S. Weekly Jobless Claims Show Modest Increase First-time claims for U.S. unemployment benefits saw a modest increase in the week ended March 19th, according to a report released by the Labor Department on Thursday...
