Archive for January, 2009
Calendar of important events next week
Here are the economic events next week, January 18 to 23, that the forex trader should not be overlooked: outstanding communication of GDP for the British pound on Friday, and claims for unemployment for the U.S. dollar on Thursday. (more...)
Tags: economy., stock exchange, Trading
Foreign Exchange Market Rates: Week from 12.1 to 16-1-09
After the broad declines in early January of the euro against all currencies, which had its rationale in the expectation of lower rates by the ECB, the devaluation finally brake. And the reason was also the ECB: a half percentage point cut the benchmark interest rates for the euro area. (more...)
Tags: currency market, the euro.
Chrysler and Fiat have merged
E ‘come from a few days the news bomb on the car market: the Fiat bought 35% of the shares of automaker Chrysler.
The deal could end with the achievement and overtaking the share 50%.
In essence it is a joint venture, which even according to the Financial Times, is considered a valid agreement for both parties, in which Chrysler shareholders have little to lose. Read the rest of this entry »
Tags: economy., stock exchange
The conflict of the gas is passed on to forex
As many of you know, the forex market is not just about currencies, but are also involved raw materials, especially oil.
The current fighting in Gaza, as already seen, have led to ‘increase the price of oil, but also another war is under way: one on the gas.
The recent cut in gas supplies by Russia to Ukraine has led to serious consequences to Europe, especially to some Eastern European countries remained practically dry gas.
Tags: currency, economy., Forex, stock exchange
Flashback on the mortgage crisis
He talked so much about the mortgage crisis, subprime, mortgage bubble, the CDO infected, etc. …
Are all terms that are connected to a single and unequivocal history: the mortgage crisis. Read the rest of this entry »
Tags: mortgage crisis
Foreign Exchange Market Quotes: Week of 29/12 to 2/1/09
Another quiet week, all that has been highlighted is the closing month of December. And therein configure the investment in dollars and in sterling has been the best among all financial options. Investment in foreign exchange earnings has led to more than 10% in these two cases. More to one a month. Read the rest of this entry »
Tags: dollars, financial, Foreign Exchange
Foreign Exchange Market Rates: 30.3 Week 3-4
March ended with him one of the best months in terms of appreciation of the euro against the dollar, with a gain of 7.15% in the month. However, still unable to retrieve the values of earlier this year and follows a 3.70% below that value. The euro has gained value against the yen, the pound and Swiss franc. Read the rest of this entry »
Tags: the dollar, the euro.
Foreign Exchange Market Quotes: Week of 5 to 9.1
Finally, there was a trend change. In this early 2009, the value of the euro in December after his fantastic, it has fallen. The drop is considerable, and its reason can be found at the next meeting of the European Central Bank, to be held on Thursday 15 January, where one can take a decision on a further fall in interest rates. This would play against the value of the euro against other currencies. Read the rest of this entry »
Tags: central bank, interest rates, the euro., trend change