Forex Investment and Currency Trading

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Entries Tagged as 'Global Fundamentals'

Global Currency Overview - June 24 2008

June 24th, 2008 · No Comments

USD The USD began to weaken in mid month as expectations for Fed tightening began to subside. Renewed economic weakness in the months ahead should weigh on the USD, reversing recent gains.
EUR Recent Euro zone data have turned decidedly mixed, even in Germany. A July ECB rate hike will likely mark the final stage of [...]

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Tags: Global Fundamentals

Global Currency Outlook

June 22nd, 2008 · No Comments

The US dollar (USD) traded in a volatile pattern over the past month, but with a generally upward bias, as financial market expectations on U.S. short-term interest rates took a sharp turn higher on inflation concerns. However, market expects the USD to retrace some of its most recent gains, given the softness in the economy despite [...]

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Tags: Global Fundamentals

Japan says G8 finmins may discuss currencies

June 11th, 2008 · No Comments

 TOKYO, June 11 (Reuters) - The Group of Eight finance ministers may discuss currencies at their gathering in Japan this week but are unlikely to include the issue in their communique, a senior Japanese Ministry of Finance official said on Wednesday.
 
 Tumultuous currency markets have kept investors on their toes after Federal Reserve Chairman Ben Bernanke [...]

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Tags: Global Fundamentals