China will maintain its relaxed fiscal and monetary policies despite weak domestic and export activity premier Wen Jiabao said. Read More China vows to stay on growth path
Posted in FX News | Tagged china, growth, on, path, stay, to, vows |
One of the villains of the credit crisis seems to defy overhaul writes Louise Armitstead Read More Ratings system still calls shots
Posted in FX News | Tagged calls, ratings, shots, still, system |
Britain has not yet shaken off the risk of slumping into a deflationary spiral like the world’s secondlargest economy. Read More UK risks a Japanstyle lost decade BoE will warn
Posted in FX News | Tagged a, boe, decade, japanstyle, lost, risks, uk, warn, will |
The EURUSD fell significantly after surprising better than expected NFP and Unemployment rate yesterday. The risk appetite, which I expected to drive the market and bring the pair to further bullish momentum/continuation if we have positive reading of those data, did not happen. The pair dropped sharply hit 1.4153 and closed at 1.4182. Read More [...]
Posted in FX News | Tagged appetite, bullish, eurusd, failed, more, next, no, risk, scenario, summary, weekly, what |
The pound declined in the end of this week, after the Bank of England affirmed that it will expand the current asset purchasing program in order to assure Britain’s financial system sustainability. 11 Vote(s) Read More Pound Declines on Bank of England Statement
Posted in FX News | Tagged bank, declines, england, of, on, pound, statement |
Young people in Britain are less gloomy about the recession than their parents appear to be, according to a report published today. 7 Vote(s) Read More Psychological recession divides UK generations
Posted in FX News | Tagged divides, generations, psychological, recession, uk |
At Thursday’s meeting the Governing Council of the European Central Bank (ECB) kept the interest rate on the main refinancing operations of the Eurosystem at 1.00%. 6 Vote(s) Read More ECB Sees Demand Fizzling
Posted in FX News | Tagged demand, ecb, fizzling, sees |
This article is in response to Mark Carlon’s great Article titled Why the Dollar Will Get Stronger. While Mark had some excellent points I am not going to dispute his points I just want to add some additional points to point out why I think we w 6 Vote(s) Read More Why the Dollar Will [...]
Posted in FX News | Tagged dollar, get, the, weaker, why, will |
During the reporting period which ended Tuesday August 4th the total open interest increased by 39,319 contracts for the DI and the 7 currencies reviewed. Only the yen had a reduction in the OI, while the biggest increase was 18,531 contracts in 5 Vote(s) Read More Weekly Commitment of Trader Report August 10, 2009
Posted in FX News | Tagged 10, 2009, august, commitment, of, report, trader, weekly |
