Category Archives: Forex Fundamental Analysis
OECD Predicts That The Global Economy Will Avoid Recession
The OECD has concluded that the global recovery is slowing down, but they conclude that a second period of global recession is (currently) unlikely.
Yen Continues To Appreciate Against Other Major Currencies
A friend of mine who works in the financial sector in Japan once sent me a postcard that started “Greetings from the land of the rising Yen”, whilst that was twenty years ago, it might as well have been yesterday.
Euro Is Getting Pressured by the Soveereign Debt Issues
A sway of negative economic releases assaulted on risk appetite, pushing the bet currencies to the downside. Pressures about a potential peaking economies in the Euro-zone escalated sell-offs in the 17 nation currency.
US Economy Is Showing Signs Of Slowing
The current edition of the Beige Book has identified widespread signs of economic deceleration in the six week period to the end of August. The finding is in line with other economic indicators that suggest that the recovery in the world’s largest economy is losing momentum.
New US Home Sale Figures Disappoint
Recently, we reported that President Obama had declared the housing glut in the USA to be impeding the recovery in America. Statistics have just emerged about the current status of the sale of newly constructed housing stock and existing homes that suggest that the market is even more sluggish than analysts had feared.
Forex Aug 30th: August And Last Week’s Trading Session Perspective
Friday marked the last day’s trading in August and also the first anniversary of these articles. All of the markets ended the month lower than they were when it started. On the currency markets, the Dollar was mixed over the course of the last month against the other major currencies.
Bank Of Japan Fiddles Whilst Yen Rises
The Yen has continued to appreciate against the other major currencies despite the clear wishes of the Japanese government and the Bank of Japan. The currency is near a fifteen year high against the US Dollar and is trading at the highest level it has seen against the Euro for nine years.
Eurozone Unemployment Level Remains High
Eurostat have just released the unemployment data for nations using the single European currency, the Euro. The data show that the overall level of unemployment across the Eurozone has remained unchanged at 10% for the fifth straight month.
An Overview of the Forex Majors
A short overview of the Forex major pairs in today's Forex market.
Global Forex Trading Hits $4 Trillion Per Day
A report issued by the Bank for International Settlement determined that approximately $4 trillion Dollars are traded on the world’s foreign exchanges every day. This means that the financial equivalent of the world’s economic output churns through the system every two weeks.
ECB Raises Growth Predictions For 2010
The European Central Bank (ECB) has adopted a more bullish stance over its projections for growth within the Eurozone.
FOREX September 2010: The Last Week’s Trading Activities In Perspective
All of the world’s major stock markets closed higher, compared to how they stood last week. In Europe over the course of the week, the FTSE put on 4.4%, closing at 5428.2; the Dax rose by 3.1%, ending the week at 6134.6; the CAC put on 4.7% to end the session at 3672.2.
US Sheds More Jobs In August
US Department of Labor figures for August have shown that the jobless total has risen for the third consecutive month. In the course of August 54000 jobs were lost. The figure means that the US jobless level has crept up by 0.1% to 9.6% from where it stood in July.
Euro's party is ruined by the Stress Test
The profound risk rally came to an abrupt stop as European stress test insufficiencies put new worry into the market. The Euro slid to 1.2720, British Pound dropped to 1.53, and Aussie hovered at 0.90, the Yen pushed to a critical threshold of 83.50.
Eurozone Unemployment Level Remains High
Eurostat have just released the unemployment data for nations using the single European currency, the Euro. The data show that the overall level of unemployment across the Eurozone has remained unchanged at 10% for the fifth straight month.
An Overview of the Forex Majors
A short overview of the Forex major pairs in today's Forex market.
Bank Of Japan Fiddles Whilst Yen Rises
The Yen has continued to appreciate against the other major currencies despite the clear wishes of the Japanese government and the Bank of Japan. The currency is near a fifteen year high against the US Dollar and is trading at the highest level it has seen against the Euro for nine years.
Forex Aug 30th: August And Last Week’s Trading Session Perspective
Friday marked the last day’s trading in August and also the first anniversary of these articles. All of the markets ended the month lower than they were when it started. On the currency markets, the Dollar was mixed over the course of the last month against the other major currencies.
FOREX Aug 16th: The Last Week’s Trading Activities In Perspective
All of the world’s major stock markets closed lower, compared to how they stood last week. On the currency markets the Euro had the worst of trading.
Japanese Q2 Growth Figures Disappoint Analysts
Data just released from Japan show that the world’s second largest economy managed an anaemic 0.1% growth in the second quarter.
Germany Leads European Q2 Growth
European economic growth reports shows that Germany produced growth figures of 2.2% for the period from April to June; a record for the post re-unification period.
American Dream Responsible For Holding Back the Recovery
The recovery, such as it is, has led to increased demand for housing which has become more affordable and stimulus measures were put in place to stimulate both house sales and construction, the sector is now being blamed by President Obama for being a drag on the recovery.
US Job Figures Causing Domino Affect
America is the world’s largest economy. The saying goes that “if America sneezes, the world catches a cold”. Certainly, economic events in the USA do have repercussions around the globe.
Forex: The Last Week’s Trading Activities In Perspective
With the exception of the Nasdaq, all of the world’s major stock markets closed lower, compared to how they stood last week. On the currency markets last week the Euro again had the worst of trading.
Greece Meets and Even Exceeds its Target
The EU has confirmed that Greece has met (and exceeded) its targets and that the next tranche of funding will be released next month. Greek state spending has been cut by 16.9% over the levels seen in the first half of 2009 and the deficit has declined by some 46% – a faster rate than [...]
Doubts About Global Recovery Send Yen Higher
The US Dollar hit fresh 15 year lows against the Japanese Yen in trading yesterday. It also showed gains against the Euro; pushing it to a nine year low, and Sterling.
Standard And Poor’s Downgrades Irish Rating
Ratings agency Standard and Poor’s (S&P) has downgraded the credit worthiness of Irish debt vehicles from AA to AA-; the nation’s lowest rating since 1995.
New US Home Sale Figures Disappoint
Recently, we reported that President Obama had declared the housing glut in the USA to be impeding the recovery in America. Statistics have just emerged about the current status of the sale of newly constructed housing stock and existing homes that suggest that the market is even more sluggish than analysts had feared.