US Consumer Confidence Takes Fresh Nose-dive
Forex News The value of the US Dollar against its major trading partner currencies is always in the news. Hawks in the US claim that the Chinese Yuan is artificially low against it which gives Chinese imports an unfair advantage in the US market. The Yen is near ...
Hopes For A Resolution To The Euro Zone Debt Crisis Boosts Stocks
Forex News US stocks traded higher on Wednesday morning, and into the afternoon on investor optimism over a resolution to the Euro zone debt crisis. Investors chose to ignore a disappointing start to earnings season, as Alcoa missed analysts’ forecasts. ...
The Euro Rallies on German French Plan
Forex News The Troika, which includes the EDCB, EU and IMF are expected to conclude their review of Greece and follow with a statement focusing on the ESFS on Tuesday. According to the Greek finance minister there are sufficient funds available until mid-November, ...
Sovereign debt fears may push the Euro lower
Forex News The Euro began the week under heavy pressure amongst an increasingly nervous and information-starved investment community before appearing to make a comeback mid-week against the USD. This rally was short lived as news from the ECB and re-ratings by Moodys ...
No news is positive news?
Forex News If knowledge is power then lack of it must be fear. This is the assumption of many economic writers who claim that the trickle of information surrounding the European sovereign debt crisis has magnified the reactions of investors tenfold. To a degree ...
Japan’s New Line In The Sand
Forex News The Yen has been regarded as a “safe haven” currency since the onset of the global financial crisis. The initial rise in the Yen was triggered because many foreign businesses and individuals had taken out Yen loans, taking advantage of the Bank of ...
Another 2008 catastrophe?
Forex News Stocks dive, risky assets plummet and the Eurozone inflation rate hits 3%. European stocks and currencies alike took a battering on Friday as any perceived confidence installed in the European markets, with yesterday’s German vote of confidence, quickly ...
Fundamentals over technical’s
Forex News The rumour-mill was going into overdrive before the key German vote on expanding the European Financial Stability Fund, suggesting that it would only just scrape through parliament if at all. This remote but entirely plausible possibility was the reason ...
Hopes Of A Solution To European Debt Crisis Rallies Stocks
Forex News US markets opened higher Tuesday morning on seasonally strong housing prices, and the expectations that the Eurozone policy makers have devised a plan to deal with the European debt crisis. US president, Barack Obama called on leaders in Europe to take ...
USD: sentiment-shift or over-bought?
Forex News The Greek debt crisis is hanging over the worlds riskier assets like a dark cloud with the potential to unleash ‘catastrophic’ effects on the already-terrified financial markets according to Timothy Geithner at the IMF conference this weekend. The ...


