Forex Market Commentaries From FXCC – Daily Commentaries on the biggest stories from the world of Forex Trading & Currency Exchange.
There are some unusual economic indicators that are always worth keeping a keen eye on, the Baltic Dry Index is an official gauge which is simply overlooked and misunderstood. However, it’s often worth considering ‘left field’ indicators as to the direction of the world’s largest economy. The latest measure of USA air traffic could prove […]
USA Flights Fall To Post 9-11 Confidence Depressed Volume Read More »
Many market analysts and market commentators will have experienced a deep sense of relief as the news broke yesterday evening regarding Moody’s confirmation that the UK’s Aaa credit rating is under review. It’s not that analysts and commentators finally have something else to discuss, over and above the incessant Greece narrative and issues. The fact
The UK's Economy Is The Sick Man Of Europe Read More »
Rather than opine on the austerity measures voted in by the Greek coalition government yesterday evening, a short bio is perhaps more appropriate. I won’t insult our readers’ intelligence by pointing out the subtext. In March 2010, Manolis Glezos was participating in a protest demonstration in Athens, when the Police launched tear gas right into
Manolis Glezos – A Greek Hero Read More »
The Baltic Dry Index And Chinese Import Figures Tell The Story That Most Economists Don’t Want To Hear If there was a well known and highly referenced index that had fallen by over 60% year on year not only would the investment community be deeply concerned, the mainstream media would be catatonic in it’s reaction.
The Baltic Dry Index And Chinese Import Figures Read More »
Greek Finance Minister Evangelos Venizelos is desperately pressing the domestic political leaders to yield to the conditions for a bailout, stating that a refusal could cause the country’s exit from the euro. The Greek parliament is due to vote on the measures this weekend. Euro region ministers are set to meet again on Feb. 15.
As The Greeks Spin Too Many Plates Some Will Inevitably Fall Read More »
The ECB head Mario Draghi will be fielding questions in Frankfurt today, whilst the Italian PM Mario Monti will be visiting the US. Not sure if Monti will be visiting Princess Peach, or if Draghi will have Yoshi and Toad for company, or if Bowser will spoil the fun at Draghi’s question time, no doubt
The Super Mario Brothers Enter 3D Land Read More »
The Supplemental Nutrition Assistance Program (SNAP) provides financial assistance for food purchasing to low and no income people and families living in the U.S. It is a federal aid program administered by the Food and Nutrition Service of the U.S. Department of Agriculture, but benefits are distributed by the individual U.S. states. It is historically
Forty Six Million Americans Just Can't SNAP Out Of It Read More »
Another Day, Another Deadline – Greece Set For 1 pm (GMT) Crucial Meeting One deadline after another has come and gone over recent weeks. The leaders of the three parties in the coalition government of Prime Minister Lucas Papademos postponed on Tuesday what was billed as a crunch meeting because of “missing paperwork”. Papademos, the
Another Day, Another Deadline Read More »
I enjoy watching most sport but I’ve never quite got American Football. However, I do watch the Superbowl from time to time and whilst penning and refining various FXCC articles, mail outs and reports in the early hours of Monday morning I had it on. To be honest the game was fascinating and the three
The Superbowl And The Fishbowl That Is The USA Read More »
“The Euro Will Outlast Us All” – Jean-Claude Juncker Jean-Claude Juncker, who heads the Euro group of finance ministers, when interviewed on German radio stated that “the euro would outlast us all”, he’s confident that Greece will remain in the single currency. He’s also adamant that Europe’s costs would escalate if Greece were to quit
The Euro Will Outlast Us All Read More »
