12 Sep 10 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.
12 Sep 10 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.
12 Sep 10 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.
12 Sep 10 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.
08 Sep 10 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.
08 Sep 10 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.
08 Sep 10 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.
08 Sep 10 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.
08 Sep 10 An Overview of the Forex Majors
A short overview of the Forex major pairs in today's Forex market.
08 Sep 10 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.
08 Sep 10 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.
08 Sep 10 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.
08 Sep 10 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.
08 Sep 10 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.
02 Sep 10 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.
