The dollar is ready to rally if financial fear rises and panic replaces the stimulus-drowned stability that has anchored the market these past weeks. To build serious demand for a currency that exemplifies liquidity and safety, we needed a catalyst to tip the tenuous balance between central bank guarantees and impending recession. Read More Dollar [...]
Posted in FX News | Tagged dollar, downgrades, europe146s, fear, follow, for, in, of, prepared, the, to, wake
“You have to concentrate!” exhort several Chinese voices all at once as I stare intensely at a giant 65in LCD flat screen TV. “You need to focus very hard! Keep concentrating! Harder!” Read More Chinas sleeping giant is ready to wake up the West
Posted in FX News | Tagged chinas, giant, is, ready, sleeping, the, to, up, wake, west
The young man stood on the steps of the library, waiting for it to open. The librarians, three elderly ladies sedately dressed and whispering even amongst themselves, came at the appointed hour, unlocked the door, and went in. Ten minutes later, after completing their opening ritual, they decided to open the door five minutes earlier [...]
Posted in FX News | Tagged a, call, up, wake
Some volatility for the EUR overnight as markets initially reacted to (subsequently unbased) rumours of a France downgrade. EU data was mixed with manufacturing PMI lower, though not as much as expected, while French and Belgian business confidence was soft. Having touched the lows, the EUR was resurrected by another Read More EUR Left Behind [...]
Posted in FX News | Tagged behind, boe, eur, following, gbps, in, left, minutes, wake
When you jump out of bed every morning, all fired up with enthusiasm, motivation and eagerness to… Huh? What’s that? You don’t do much jumping in the mornings? Well, okay, when you ease out of bed every morning, all eager and enthusiastic to… Huh? What’s that? You don’t do that either? Well, okay, when you’re [...]
Posted in FX News | Tagged eager, how, start, to, up, wake
Interest rates are expected to stay low for longer to counter the impact of the pre-Budget report (PBR) and the scale of fiscal tightening which is thought necessary in Britain. Read More Interest rates to stay low for longer in wake of preBudget report
Posted in FX News | Tagged for, in, interest, longer, low, of, prebudget, rates, report, stay, to, wake
