Forex Trading and Miscellaneous

Forex markets currently appear to be driven by three main phenomena; .Continual market talk of Fed tapering and the timing thereof. .The sales of foreign assets by Japanese investors. .The liquidity squeeze of China and the slowing of the world's second largest  economy. The market consensus, after Ben Bernanke gave his two days of testimony […]

Has Greece Got Its Sums Wrong? Rumours Hit The Market That Its Ten Billion Euros Short…   You'd need a heart of stone not to feel for the Greek government's panel who (once the government's latest austerity vote on Wednesday evening is positive) will then have to sacrifice themselves on the alter of the high

Many analysts have been scratching their heads due to the recent disappearance of the 'risk on – risk off' paradigm. The disappearance has been discussed extensively on sites such as Bloomberg and Reuters. At FXCC we've discussed many aspects of it in our Mind The Gap and Between The Lines sections. Quite why analysts have

Italy suffers downgrade by Standard and Poor's, UK's manufacturing tumbles, as the IMF cuts global growth forecast… Occasionally we get a sharp reminder, through the fog of information from many sources that streams our way on a daily basis, of just how dire the economic situation is in certain Eurozone countries and just how far

Troika agrees a route forward with Greece as protestors take to the streets. The Greek government's commitment to its international lenders and bond holders, that it will push through widespread layoffs in the public sector despite the objections from government workers, sparked mass protests on the streets of Athens. As Eurozone finance ministers met in

The week beginning July 1st ended as it began in the FX market, with virtually all the medium to longer term forex trends on the major currency pairs remaining unbroken. The euro continued its downward trend versus all of its major peers whilst the greenback continued its upward trajectory. The euro's slump continued post the

What message are Japan's salary men delivering to the global economy? Many readers will be familiar with the concept of Mrs Watanabe, for those amongst us that aren't here's a quick synopsis; Mrs Watanabe is the personification of the Japanese housewife speculators, who are (occasionally) strong enough to affect international markets, especially foreign exchange markets.

Is it too early to become relieved by Spain's job numbers? The number of unemployed in Spain at the end of June 2013, according to data from the records of the Public Employment Service, has dropped by 127,248 versus the previous month. The reduction is 2.60%. The fall in trend started in March and has

Positive PMIs fuel bullish sentiment in Asia, Europe and the USA… The start of the year's third quarter trading period was positive; from the Asian session the bullish sentiment continued through to the London session, further extending in the New York session, although risk appetite fell away and the DJIA retraced and gave back some