Chinese Yuan vs. the USD
Tuesday, December 23rd, 2008 Posted in Asian Markets, Currencies, Market Analysis | No Comments »For the past decade, China has been the world's fastest-growing economy producing virtually everything from toys and clothing to the most advanced microelectronics. During the same period, China pegged its currency to the U.S. dollar, in an attempt to encourage ...
U.S. Interest Rate Cuts Cause Volatility All Across the Board.
Friday, December 19th, 2008 Posted in Currencies, Market Analysis | No Comments »The Fed lowered rates by 0.75 points on Tuesday December 16th; one of the dramatic moves in a bid to jumpstart the faltering U.S. economy. With rates near zero, the Fed said it would employ "all available tools," echoing Japan's ...
Dollar Expected to Trade in Low Volume Until After the New Year
Thursday, December 11th, 2008 Posted in Currencies, Market Analysis | No Comments »Many traders are currently wondering why the U.S. Dollar is weakening, despite the Christmas shopping season being in full-swing. The reason is that holidays tend to pull investors away from one market and into another. In this case, investors move ...
Daily Analysis
Monday, October 13th, 2008 Posted in Market Analysis | 1 Comment »Amid the background of a week with the worst performance for global equity markets in history, the Dollar continued to post large gains against the EUR and GBP while the JPY saw enormous gains against the Dollar.
U.S. Consumer Confidence Sentiment - Why is it Important?
Friday, August 15th, 2008 Posted in FAQ, Indicator Reports | No Comments »The Consumer Sentiment survey usually acts as a direct reflection of prior leading financial indicators that are assembling the U.S economic outlook. The biggest impact of the survey derives from instantly affecting consumer data, such as home prices, food costs, ...
Currency Pair Correlations
Wednesday, August 6th, 2008 Posted in Currencies, FX Education | No Comments »There is a reason for the inter-dependence of foreign currency pairs. For instance, if you were trading the British pound (GBP) against the Japanese yen (JPY) or GBP/JPY pair, then you're trading a type of derivative of the USD/JPY and ...