[Story ID: 1042]
Using economic divergence as part of a currency trading strategy
One of the ways you can enhance your currency trading strategy is to consider incorporating economic divergence. This is the idea that you can benefit from the impact that different recovery paces in different countries can have on currencies on the FX market.
GFT’s Kathy [...]
[Story ID: 955]
U.S. dollar falls in forex trading
Yesterday, the U.S. dollar was seeing a bit of a rally. At that point, it was all about risk aversion. Today, the story is a bit different. Right now, it’s all about U.S. economic fundamentals.
Federal Reserve Chair Ben Bernanke is testifying before Congress today and tomorrow, and today [...]
[Story ID: 51]
Interest rate hikes could come sooner than we think
Interest rate hikes could come sooner than we think, especially if the plans laid out by President Barack Obama in last night’s State of the Union Address actually pan out. Obama offered a plan to increase employment by offering tax breaks to businesses, as well [...]
[Story ID: 61]
In recent memory, the stakes have never been so high, and the global economy has never been so imbalanced. Accordingly, the Fed and the Treasury must be careful that in treating the economic crisis, they don’t inadvertently damage the very foundation of the US economy.