FXstreet.com (Barcelona) – Swiss Trade surplus widened to CHF 1.85 billion in September, following… For more information, read our latest forex news. FXstreet.com: Latest News
Spending cuts and tax hikes are expected to be a fact of life in many economies over the coming years. The IMF examines the repercussions of budgetary cutbacks on external trade balances—finding that cutting the budget deficit can also improve a country’s current account balance. IMF Survey Magazine
U.S. dollar sinks on debt ceiling differences Commodity currencies are trading near highs against the U.S. dollar today as concerns about what’s next for the U.S. debt ceiling dominate financial markets. Indeed, the Aussie, loonie and kiwi are all trading high against the U.S. dollar as investors turn to gold, oil and other commodities that [...]
Yuan will appreciate if China stops buying Treasuries For five months, China reduced the amount it bought in U.S. Treasuries. However, a report for April shows that China increased its Treasury buying. Of course, some contend that China had no choice, considering the trade surplus the country has with the U.S. Bloomberg BusinessWeek reports on [...]
FXstreet.com (Córdoba) – After moving sideways most of the week, the Greenback is rising against… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Barcelona) – The New Zealand Trade Balance accounting for March exports-imports… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. FXstreet.com: Latest News
It seems that last month’s G7 intervention was the turning point for the Japanese Yen. The Group Of Seven Industrialized nations stepped in the currency markets on March 18th in order to halt the Japanese yen rise. The coordinated intervention occurred after the yen soared following a massive earthquake, tsunami and nuclear disaster, which str [...]
Non Farm Payrolls (NFP) is one of the most important and influential economic reports for the currency markets. The next NFP report will be released this Friday 1st of April at 12:30 GMT by the US Bureau of Labor Statistics. NFP expresses the paid jobs added or lost in the US economy excluding the farm [...]
Gold and oil prices were higher in late Thursday (March 30) trade as investors took a renewed interest in commodities following an early week rise in the value of the US dollar. One ounce of gold currently fetches $1,425.90 in late night New York GLOBEX trade. This is up over $7 from Tuesday’
Nearly six months after a ground-breaking meeting in Oslo on the global jobs crisis, the international trade union movement, the IMF, and the International Labor Organization reaffirmed their commitment to an economic recovery built on growth with employment. IMF Survey Magazine
The September issue of Currency Trader Magazine was released today. Some of the highlights include: A look at an advanced carry trade strategy involving the Swiss Franc. The CFTC gains jurisdiction over retail forex fraud. What will drive the forex market in Q4. Yen crosses on the move. U.S. dollar rockets higher, Euro tumbles. China [...]
The euro has been hit hard overnight and in early Friday morning New York currency trade following news that the European Union members reached a deal to help prevent future debt problems in the region. Even with the deal, the euro fell from a high of $1.3361 in overnight European trade to a current low [...]
U.S. dollar lower in currency trading today The U.S. is once again putting pressure on China to ease its practices with regard to trade and the economy. The U.S. wants China to allow more foreign companies access to the Chinese economy. The Financial Times reports on what has U.S. officials upset: A package of Chinese [...]
Surging equity markets have helped push oil prices through the $80 level. Benchmark crude oil scheduled for November delivery trades at $83.14 in early New York Mercantile Exchange trade Tuesday (October 19) morning. Oil prices climbed firmly, by $1.83, in Monday’
U.S. dollar weakens in currency trading The trade deficit increased to its widest level since November 2008, and that is having the effect of helping risk appetite on the FX market. Why? Because a widening trade deficit indicates that Americans are getting ready to spend money. And when consumers start spending, the economy picks up. [...]
New tool to offer real-time trade signals for short-term currency traders GRAND RAPIDS, Mich., June 21, 2010 – GFT has introduced Autochartist Trade Ideas, a new, complementary application that helps short-term currency traders reduce the amount of guesswork involved when deciding what currencies to trade. Autochartist Trade Ideas provides real-time trade setups that include all [...]
In the midst of the Eurozone debt crisis, forex investors have largely stopped paying attention to interest rate differentials and focused the brunt of their attention on risk. Soon enough, however, there will be a resurgence in the carry trade, at which point interest rates will return to the forefront of investors consciousness. From the standpoint [...]