Posts Tagged ‘Exchange rate’
Pivot points, calculate support and resistance
We saw one of the last items pivot point, or a way to measure objectively the current price based on the behavior of the same price than before. We also calculated the pivot point and now let's see how we can use in our trading.
If the level of the market indicates that one is above the PP, then the market itself can be considered bullish, or bull. If the market is below the PP, then we can say that the market is bearish. (more...)
How to trade short with fundamental analysis
While the 'technical analysis is vital for currency trading, particularly for the identification of points of entry and exit points is not sufficient by itself to create a global trading. Sentiment in the FX market is in fact driven primarily by economic and geopolitical news of the day. The key players in the currency market, such as multinational corporations, central banks, multi-billion dollar hedge funds and major investment banks, are key in this area. Does not matter if there is a double peak in the exchange rate EUR / JPY.
But if you study a technique Forex analyzing the latest news on the economic and geopolitical world, we certainly something useful. Correct approach to trading can be summarized as follows: analysis
Swine Flu affects currencies
As if there was little volatility in exchange rates, particularly the euro dollar exchange, now comes this plague which adds further uncertainty to the ailing global economic situation. Read the rest of this entry »
Tags: economic, Exchange rate, financial markets, the euro.
Investment in foreign exchange through Investment Funds
There are many ways to invest in other currencies. On this occasion, we will discuss investment in foreign currency through an investment fund.
And indeed, the investment is very simple: buying shares in investment funds denominated in another currency. This obviously requires actual knowledge that there is a risk of significant change besides the typical risk of the investment.
According to Morningstar, the most profitable category in early May between the mutual funds that owned bonds in different currencies was the pounds, with 7.80% revaluation, followed by U.S. dollars, with the 5.06%. Read the rest of this entry »
The euro is over $ 1.50
The evolution of the euro exchange rate was consistent with expectations of experts and this week broke the barrier of 1.50 USD, the highest level reached since 2008.
However, not all good news, the eurozone countries and the European Central Bank (ECB) expressed concern about the strong euro hurts exporters because community and jeopardizes recovery. Read the rest of this entry »
Tags: Exchange rate, exchange rates, financial stability, the euro.
Shares & Funds Gunnebo, full-year report 2009 (interim report Q4)
Orders in Gunnebo amounted to 6 573 million (6 965) and net turnover amounted to 6 788 million (6 903) in the period between 1 January and 31 December 2009. Profit after tax amounted to SEK -205 million (115) and earnings per share were SEK -3.40 (1.95) over the full year 2009th
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Fourth quarter 2009
- Order bookings amounted to SEK 1 619 million (1 767)
- Net sales amounted to 1 829 million (1 985)
- Operating profit amounted to MSEK -138 (140)
- Cost of Action “Get It Right” burdened operating profit by SEK -147
- Impairment of goodwill in the Business Unit Site Protection of -106 m
- Excluding non-recurring costs of SEK -253 (-20), operating profit amounted to SEK 115 million (160)
- Profit after tax amounted to SEK -162 M (81)
- Earnings per share were SEK -2.65 (1.35)
- Operating cash flow amounted to SEK 222 million (301)
- Rights issue was raised and 490 M after issue costs
Full year 2009
- Order bookings amounted to 6 573 million (6 965)
- Net sales amounted to 6 788 million (6 903)
- Operating profit amounted to -88 million (281)
- Cost of Action “Get It Right” burdened operating profit by SEK -196
- Impairment of goodwill in the Business Unit Site Protection of -106 m
- Excluding non-recurring costs of SEK -302 (-47), operating profit amounted to 214 million (328)
- Profit after tax amounted to SEK -205 million (115)
- Earnings per share were SEK -3.40 (1.95)
- Operating cash flow amounted to 683 million (255)
- Rights issue was raised and 490 M after issue costs
Tags: Banking Business, Business Unit, Exchange rate, financial items, Net interest income
Forex: Euro little changed in very quiet environment
The euro has become the week starts in a very quiet environment, barely moving from the spot. On Monday afternoon, the common currency cost 1.4390 U.S. dollars, only marginally more than in the morning. The European Central Bank (ECB) had fixed the exchange rate at noon at 1.4369 (Friday: 1.4374) dollars. The dollar cost to 0.6959 (0.6957) Euro. Read the rest of this entry »
Tags: currency cost, Exchange rate, the dollar
Exchange Rate: Week from Friday 30 October to Friday, November 6, 2009
During the week the dollar depreciated 0.86% against the euro and 0.18% against the yen, resuming its downward trend, interrupted briefly during the previous week in which appreciated against the euro, although not against the yen. Depreciation occurred Basically, during the last days of the week and was explained in part by the Federal Reserve decision to keep its benchmark rate at almost 0% and the European Central Bank’s decision to do the same for the rate of 1.0%. Both banks showed similar views in relation to positive signals about the term of the crisis and the resumption of economic growth. Also, both banks showed little concern about inflationary pressures and an inclination to keep interest rates low until late in the first half of next year . Read the rest of this entry »
Tags: dollar, euro, Exchange rate, exchange rates, gold, sun, yen
Exchange Rate: Week from Friday 23 to Friday October 30, 2009
During the week the dollar has appreciated by almost 2% against the euro and depreciated by 2.1% against the yen. This behavior was reversed that had been observed in recent weeks, marked by an appreciation against the euro and the yen depreciation. This appreciation and depreciation of the week concerning the two currencies quoted, he gave in the first half of the week, until Wednesday, the day when the dollar was trading to 0.68 euros and 90.70 yen. Throughout Thursday and Friday in exchange rates were no greater variation, closing the week at 0.6795 euros and 90.12 yen. Read the rest of this entry »
Tags: dollar, euro, Exchange rate, exchange rates, sun, yen
Peruvian Exchange Rate: Week of 28 August to 4 September 2009
During the week between Friday 28 August and Friday 4 September the sun experienced a slight appreciation. The spot rate declined from S/.2.937 by S/.2.935 dollar in the interbank market. As of 4 September the exchange rate at 12 months was S/.2.962.
During the period, the Central Bank did not intervene in the currency market. The volume of transactions in the interbank market amounted to U.S. $ 2238.40 million during the week ending Friday, September 4. Read the rest of this entry »
Tags: Exchange rate, Foreign Exchange, peru economy, sol-dollar
