[Story ID: 1138]
Top currency expert Boris Schlossberg has said that a hung parliament would be a ‘
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Sterling continues to tank against the dollar in forex trading
The British economy may require more quantitative easing, according to some policymakers. While it is far from a foregone conclusion, the Bank of England is leaving the door open to further stimulus measures, according to member Posen.
GFT’s Kathy Lien reports in FX360 on the [...]
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Sterling falls in forex trading
Today, employment data was released in Britain, showing continued deterioration in the situation. The sterling is falling in forex trading as a result, and concerns continue that Britain will be very slow to recovery from the global financial crisis.
GFT’s Boris Schlossberg reports in FX360 on the labor conditions in [...]
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Currency trading with the Aussie
The Australian dollar is getting a boost in forex trading as the risk trade is on — for some currencies. In currency trading, the Aussie is getting a little help from the fact that Chinese bank lending grew more than expected in January, and that is calming some fears [...]
[Story ID: 128]
Looking at U.S. dollar support in currency trading
Economic data is very important to forex trading, since it provides insight into how much support a currency has. One country’s economy, in relation to another’s, can affect how those relative currencies interact on the FX market. And one economic indicator is the jobs market.
The labor [...]
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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.
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Whether you run an ebusiness or a small coffee shop, chances are you have felt the sting of our staggering economy. If your are still fortunate enough to have kept generating revenue, there are still some things you can do to get an even bigger share of the market.