Forex Market Commentaries From FXCC – Daily Commentaries on the biggest stories from the world of Forex Trading & Currency Exchange.
When the largest hedge fund operators speak its essential that we pay attention, there are two in particular that investors and speculators should bookmark and/or sign up to Google alerts for to ensure you’re constantly on message with their pronouncements. They are PIMCO and Bridgewater. Both have recently issued very dire predictions on the future […]
The Only Tools Left In The Toolbox Are To Kill Zombies With Read More »
As rain and gales batter parts of the UK this morning some unwelcome financial news also crashed ashore; the UK manufacturing sector posted its worst quarterly performance since the recession officially ended. PMI data published by Markit reveals that UK manufacturing output stands at 49.6 in December, output fell (the 50-point mark that separates expansion
As The German Economy Powers Ahead Is The UK Delivering Pre-Recessionary Figures? Read More »
“Happy Birthday” is a 1981 single written, produced, and performed by Stevie Wonder for the Motown label. Stevie Wonder, a social activist, was one of the main figures in the campaign to have the birthday of Martin Luther King, Jr. become a national holiday, and created the single to make the cause known. The song
Happy Birthday To Ya, Happy Birthday. The Euro Could Become The World's Leading Currency Read More »
European equities have risen during the first trading day of the year, following the Stoxx Europe 600 Index’s first annual loss since 2008, as gauges of carmakers and chemical producers advanced. Asian shares in the markets that were open overnight/early morning had mixed fortunes. The Stoxx 600 rose 0.2 percent to 245.11 by 9:00 a.m.
The Markets Wake Up After The Holiday Slumber Read More »
The euro weakened for a sixth day in series versus the yen in the morning session, heading for its second annual drop whilst European stocks shed their advances amid the mounting concerns that the severe austerity measures, imposed by the technocrats in order to counter the region’s debt crisis, will inevitably slow growth or send
Euro Continues Falling Versus The Yen And Dollar Read More »
A vintage wine is made from grapes that were all, (or primarily), grown and harvested in a single specified year. In certain wines it denotes quality, as in Port were Port houses make and declare vintage Port in their best years. From this tradition, a common (though incorrect) usage applies the term to any wine
2011 Was Not A Vintage Year, But Is The Phenomenon Of Vintage Over-Rated? Read More »
There’s a cast iron tradition woven into the fabric of the UK psyche; over the holiday period we get together after the main two days have passed and moan about the rubbish that was on television. Moving aside the fact every news broadcast is occupied for the first fifteen minutes with tedium regarding what the UK
Is Another Credit Crunch Inevitable? Read More »
The major market sell off experienced yesterday ‘across the board’ was due to the ECB revealing that it’s balance sheet had swelled to record highs as a consequence of its successful loan tender in the week preceding Xmas. As the deadline looms for bids in the Italian debt auction the bond markets reaction is bearish,
Pre Xmas Optimism Blown Away Due To The ECB's Swollen Loan Book Read More »
The “currency war” appears to be experiencing a truce for now, the USA admin. is using a far more conciliatory tone and employing improved diplomatic language when describing the value of the Yuan and the supposed harm it’s inflicting on the USA economy. The U.S. Treasury avoided labelling China a currency manipulator on Tuesday, but
The USA Has No Option But To Play 'Soft-Ball' With China Over The Yuan Read More »
Amongst the ‘good news’ regarding consumer optimism that was reported on Tuesday came the very bad news (which appeared to be buried) that the USA was close to breaching the first level of it’s revised debt ceiling agreed by both houses in the USA Congress back in late July, early August 2011. We’ll comment on
