Bernanke Prints Dollars – Greenback Back Down
Ben Bernanke prints more dollars as expected from early hints. The methods that the central bank will now use, and the worries about the slowdown, end the dollar’s round trip, and makes the break down of EUR USD a false break – at least for now. In my post about scenarios for the Fed decision, [...]
Scenarios for Fed Decision
The upcoming FOMC Meeting holds high expectations for easing steps by the Federal Reserve – steps that can help stimulate the economy that has slowed down. Here are possible scenarios for this decision, and possible market reactions. On Tuesday, August 10th, at 18:15, Ben Bernanke and his team will release the FOMC statement. I’ve already [...]
Will Bernanke Devaluate the Dollar Again?
As the US economy shows signs of slowdown, the Federal Reserve might intervene to boost the economy by buying assets – spilling dollars. This prediction, by the Japanese Nomura bank goes hand in hand with a very sharp drop in the dollar across the board. Is the dollar going for an accelerated collapse like in March 2009? [...]
Forex Daily Outlook – April 8th 2010
A very busy day expects forex traders: rate decisions from Europe and Britain, Australian employment figures and the weekly jobless claims are the highlights. Let’s see what’s up. The Canadian dollar doesn’t receive any figures today, but it will still draw attention. USD/CAD parity is here for the first time in 20 months, and it [...]
Forex Daily Outlook – March 4th 2010
Tension rises in the forex market as the calendar is very busy today. The highlights are rate decisions in Europe and Britain, plus a busy American calendar. Let’s see what’s awaiting us today. Tension also comes from a possible resolution to the Greek crisis (although fragile), and the hints towards the big event on Friday: [...]
Forex Daily Outlook – February 17th 2010
A busy day expects forex traders, especially those trading cable. Major figures will be released in Britain and the US. Will the Pound chose a direction? Let’s see what’s awaiting us: Fear is fading away from the markets, and high yielding “risky” currencies are on the rise. The Australian and kiwi dollars are making gains, [...]
Forex Daily Outlook – February 4th 2010
Very busy day ahead: rate decisions in Britain and Europe are the highlights in a crowded calendar, one day before the Non-Farm Payrolls. Things are shaky in the forex market. The dollar weakened during the week but then erased the losses after the ADP Non-Farm Payrolls was good. The major pair, EUR/USD is currently holding [...]
Forex Weekly Outlook – January 18-22
After a slow start to the week due to Martin Luther King’s day, we have quite a busy schedule: an important British release every day, with employment numbers being the peak, a rate decision in Canada, Chinese GDP, American housing figures and lots more. Let’s see what’s awaiting us in the third week of January. [...]
Pound Still Weak After Rate Decision
Mervyn King managed to meet expectations in a perfect way – so perfect, that the Pound hardly moved, a rarity. It left the Pound in its low position towards tomorrow’s big event.
Forex Daily Outlook – January 7th 2010
The focus shifts to Britain today that receives a rate decision. There are lots of other important events worldwide. Let’s see what’s up today: Anticipation towards the Non-Farm Payrolls prevents significant breakouts. The markets are tense towards the release on Friday.
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