The Bank of Japan may try to introduce fiscal instruments to weaken the yen if the currency hits 87 per dollar, according to Deutsche Bank.
On 17 February 2010, In Alternative Investments, FOREX, CFD, and Financial Spreadbetting, By staff
On 17 February 2010, In Alternative Investments, FOREX, CFD, and Financial Spreadbetting, Family Office and Wealth Management, By staff
The euro came under further pressure during foreign exchange trading this morning (February 16th) after EU finance ministers urged Greece to push through new fiscal control measures to prop up its economy. After a much anticipated meeting of finance ministers, Luxembourg’s prime minister Jean-Claude Juncker, who chaired the discussion, said that Greece would be given 30 days to introduce new controls to resolve its burgeoning debt crisis. However, he reiterated an earlier pledge that the EU would provide support for Greece if the markets threatened to rack the Greek economy.
On 17 February 2010, In Alternative Investments, FOREX, CFD, and Financial Spreadbetting, By staff
The euro inched up against the dollar and the yen on Wednesday as traders covered short positions in the single European currency as the flow of news about Greece’s fiscal problems stalled for the moment. (more…)
On 8 February 2010, In FOREX, CFD, and Financial Spreadbetting, By staff
The dynamics of the Forex market are appealing to a variety of investors, not just professionals.
One reason is the hours. FOREX trading starts each day in Sydney, then moves around the globe as the business day begins, first to Tokyo, London and then to New York. With a computer and an Internet connection, you can trade around the clock 24 hours per day from Sunday afternoon through Friday night.
On 8 February 2010, In Alternative Investments, FOREX, CFD, and Financial Spreadbetting, By staff
On 6 February 2010, In Alternative Investments, By staff
Major economies with inflexible exchange rates must consider allowing them to strengthen to help narrow international trade imbalances, according to a report prepared for a meeting of finance chiefs from the Group of Seven.
