Posts Tagged ‘forex’
Stronger Yuan to boost commodities and hurt imports
The decision from China to allow their currency more flexibility is positive on a global and macro-economical scale since it brings the Yuan “into the game”. “In view of the recent economic situation and financial market developments at home and abroad, and the balance of payments (BOP) situation in China, the People´s Bank of China [...]
FOREX-Euro rallies from 4-year low vs U.S. dollar
Currencies By Gertrude Chavez-Dreyfuss NEW YORK, May 19 (Reuters) – The euro rose from a four-year low against the dollar on Wednesday… A European Central Bank spokesman, however, declined to comment on market rumors of fresh central bank action. “We’ve got this rally in the euro and I think it’s the market’s understanding and fear [...]
Forex Live TV points to double dip risk
After the Dow dropping sharply last week the main forex recommendation is to stay short term as on the currency market this week as there are too many question marks floating around. The Banking Market is of course affected by the political scene and this in turn may affect the currency trades. The outlook is [...]
