Archive for February, 2010
Official Communique of February 23, 2010 Forex Macro earrings Accreditation West Capital
This official statement posted on February 23, 2010, is specifically intended for those investors who held their macro forex investments forex bank transfer macro sending their money to the bank account which takes macro forex West Capital, which reports that these funds will be returned to investors in their respective accounts of West Capital for free disposal.
Funds credited to the account of West Capital investor they may be transferred to your bank (recommended) (in these cases is not necessary to apply for debit card) or transfer it to your debit card at West Capital (not recommended) (more...)
Tags: Forex, Forex Macro, forex macro news, forex macro statements, investments
Norway, Sweden and New Zealand, new foci of interest
These coins are undergoing a period that has made them rise up to 10% against the dollar since June 2009.
Major European currency specialists are conducting their recommendations to these currencies. For example, Deutsche Bank, the largest global trader of currencies, has placed the Swedish and Norwegian krona and the New Zealand kiwi its main investment recommendations. Goldman Sachs, meanwhile, this month raised the price outlook for the three currencies. And BNP Paribas, also believes the scenario is favorable to these currencies. (more...)Tags: interest rates, of money, The foreign exchange market, the market
Norwegian Krone
The Norwegian krone is outlined, along with the Australian dollar and stronger currencies 2009.
The economies of Norway and Australia have been showing signs of incomparable strength. First, Norway achieved between April and June 2009, a quarterly growth of 0.3%, which cut the sequence of two consecutive quarters of contraction. Moreover the country’s labor market is shown north of the crisis virtually unscathed. The unemployment rate has barely rebounded from 2.1 to 2.7%, with a maximum of 3% since the summer of 2007. Read the rest of this entry »
The euro is taking advantage of the bad U.S. data
The dollar has gone the last week in a constant debacle against major world currencies. The unexpected increase (in magnitude) of unemployment and a higher trade deficit was mainly responsible for the flight of money from dollars to euros. The single currency enjoyed a bullish rally that led her to break the benchmark of $ 1.33. And the trend was upward at the close of the markets. Read the rest of this entry »
Tags: issue debt, the currency, the dollar, to euros.
Welcome to Change Euro Dollar
Welcome to Change Euro Dollar. From here you can find news and foreign exchange trading more popular, along with advice and recommendations to take advantage of it, whether you are an investor or want to apply it to your personal finances.
Cambio Euro Dolar, belongs to the network of financial blogs Financial Network.
The possibility of lower interest rates undermines the value of the euro
The possibility of a price cut of the money in the euro area is gaining strength with the passage of time. The president of European Central Bank (ECB), Jean-Claude Trichet, not to insinuate that the next move in rates will be low due to the weakness shown by the strong economic growth.
This possibility, very true then, it has weakened the value of the euro after the European currency would appreciate against the dollar managed a 4.9% in just three days. Now he has returned to the area of $ 1.28 compared to 1.30 on Tuesday. Read the rest of this entry »
Tags: European Central Bank (ECB), of interest, the euro., the strong economic
Better prospects for the Dollar
Many economists have taken an opinion: currently, the dollar has a greater chance of appreciation against the euro than vice versa. What are the reasons?
There are three key points that underpin this perspective:
Growth
The U.S. economy has shown signs of greater weakness than Europe, but experts believe that recovery will be faster. For now, both are in recession, which is not yet known but the scope is expected to be more durable in Europe.
Interest rates
While the Fed has cut rates from 5.25% to 1% in 13 months, the ECB has dropped only 0.5 points. Analysts now believe that the monetary authority will try to apply a much more aggressive monetary policy to stimulate the economy. It is expected that by the end of the year the ECB chooses to reduce the reference rate by 0.5 point, but economists estimate that would be greater. Morgan Stanley provides that the rates of the euro area will be at 2% in 2009, while in the U.S. predicts that will be 0.5%.
Inflation
The price increase was the argument put forward by the ECB not to cut rates, but the fall in oil prices has receded inflationary fears. Was it a bad move Trichet? The truth is that there are currently a real danger deflation in the second quarter of 2009. Read the rest of this entry »
Tags: economists, the euro., the rates
The volatility triggers the risk of trading currencies
For a correct idea of what this means, is worth just one example: The volatility of the euro to U.S. dollar exchange rose from 5.5% in July 2007 to levels 24% today. And the euro pounds exchange levels do even greater. That is, it has increased more than 4. This made the exchange risk faced by firms operating in international markets to skyrocket. In this context, firms face higher costs, either for the price of insurance premiums for change or simply assume the difference adding to corporate losses. Read the rest of this entry »
Tags: dollar exchange, for change, pounds exchange
The collapse of the dollar has winners and losers
It is not all financial business to foreign currency. The sharp fall in the dollar has winners and losers in global trade, amid difficult economic conditions that have been in decades. Read the rest of this entry »
Tags: global trade, stronger currency, the economy, the euro.
Possible devaluation of the euro by the ECB’s interventions in the foreign exchange market
Some days ago, Lorenzo Bini Smaghi, European Central Bank Governing Council member (ECB), said that “exchange rates are likely to exceed”. He added that “public intervention as statements or direct intervention in the currency market, then it could be justified.”
This opens the door for the European Central Bank to intervene in the forex market-which it does not since 2000 -. The foreign exchange market almost immediately acknowledged. The possible maneuver aimed at curbing rising euro and thus help to promote exports of the block, turned red with the European currency against other major currencies. Read the rest of this entry »
Tags: euro-dollar exchange, market intervention, rising euro, The foreign exchange market, The FOREX market
