Forex Market Commentaries From FXCC – Daily Commentaries on the biggest stories from the world of Forex Trading & Currency Exchange.
Can someone “do the math” as President Obama urged Congress? How do you re create the ten million jobs lost in the USA since 2007 with $447 billion of dollars? How do you pull these rabbits out of hats whilst keeping the debt ceiling under the radar, (which may be breached on Monday), the deficit […]
Since the Swiss national bank ‘took out’ a series of trading pairs with their determination to in effect ‘peg’ the franc, the CHF pairs have been virtually untradeable. Even from a potential position trade perspective many currency investors and speculators have been left scratching their heads as to where we go next… You’d struggle to
The Market Giveth and the Market Take Away Read More »
The new or rather renewed phrase on every bodies lips after yesterday’s stunning bombshell, (delivered with precise laser guidance by the Swiss central bank), is “currency wars”. Previously this phrase had been reserved for the supposed currency disagreements between the USA administration and Chinese officials. The accusation, that the Chinese were manipulating their currency to
The Swish of the Swiss Read More »
There were many amongst us in 2008-2009 who believed that insoluble medium term sovereign debt crises would be the ultimate result of rescuing the insolvent banking system by way of quantitative easing and continual bailouts (both secretive and published). As the dangerous portents of the crises return that prediction looks correct… According to a Bloomberg
Are the ghosts of 2008-2009 looking to haunt the markets again? Read More »
Ignoring the misspelling of the word “labour” there is both sadness and irony contained in a report published over the weekend indicating the true depth and severity of the USA economic situation… The percentage of working-age Californians with jobs has now fallen to a record low and employment in the State may not return to
Celebrating Labor day in the USA Read More »
For those amongst us who are not UK based, or not familiar with some of the soundbites our various UK politicians have used, “education, education, education” was a heralding cry by a previous Prime Minister on his election campaign. As to how and where the “jobs, jobs, jobs” were to be found after the “education,
Employment, employment, employment and the F PIIGS Read More »
With USA unemployment figures remaining stubbornly high it’s encouraging to see President Obama finally grasp the nettle by announcing it’s high on his priority list. As a governor from Arkansas once famously reminded the electorate, “it’s the economy stupid” and despite the fact Obama’s motives may include having one eye on his re-election campaign he
The Jobless Recovery is no Recovery Read More »
