Hungary’s government needs to improve its economic governance and fiscal policy mix as the euro zone crisis creates uncertainty for one of Europe’s key emerging markets, the IMF says in its latest annual assessment of the country’s economy. IMF Survey Magazine
U.S. dollar in forex trading The U.S. dollar is being hammered today in forex trading on the currency market today as gold prices reach for a new nominal high. Silver prices are also heading for a nominal record. Greenback is down in currency trading against all major currencies. The euro, yen and pound are all [...]
For the last few months, and especially over the last few weeks, the financial markets have been obsessed with the rumored expansion of the Fed’s Quantitative Easing program (”QE2″). With the prospect of another $1 Trillion in newly minted money hitting the markets, investors presumptively piled into stocks, commodities, and other high-risk assets, and simultaneously [...]
About Zecco Zecco is headquartered in the San Francisco Bay Area in Burlingame, California. The company opened in October of 2006 and is currently serving 100,000 investors. According to Investor’
FXstreet.com (Barcelona) – Investors pitched in right from the early going, lifting up asian stocks following a tepid US session, with not much to highlight other than a slight improvement in weekly jobless claims, down 3K to 450K. The cautiousness that prevailed in Wall Street paved the way for a riskier scenario this Friday. In [...]
It looks like emerging market investors took my last post (“Investors” Shouldn’
These days, I feel like you could take that title and substitute pretty much any currency for the Australian Dollar. Let’s face it- the EU sovereign debt crisis has hit a number of currencies extremely hard, as investors have fled anything and everything risky, in favor of the US Dollar, Swiss Franc, Japanese Yen, and [...]
Last week, the Fed raised the discount rate by 25 basis points, to .75%. Investors have consistently focused the brunt of their collective monetary attention on the Federal Funds Rate, and the markets (forex included) barely registered a response to the move. Regardless of whether apathy in this particular context was justified, investors who turn [...]
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 [...]
Only three years ago, the first currency exchange traded fund (ETF) was introduced, enabling investors to trade the Euro without having to buy and sell the currency directly.
The decline of the Dollar over the last decade indicates that investors are rapidly losing confidence in the currency. At the very least, the twin deficits (referring to trade and government spending) have caused global investors to reconsider what they think the Dollar is worth.