Posts Tagged ‘the euro.’
EURUSD - 1.35 Consolidation on alert for a correction
The Euro was removed, breaking the bracket specified in the report of 1.3597 Friday, fell as expected, but was content to reach 1.3501, with about 21 pips above the proposed target 1.3480. (more...)Tags: price would, the euro., the price
Euro zloty - Further price slip in the near future?
In this chart technical discussion, we consider the euro (EUR) and the Polish zloty (PLN). The euro is traded here in zloty, ie increasing the currency pair EUR / PLN, analyzes on the euro. Reverse can be said: The Zloty devalues it.<br>
Euro against the Polish zloty - Symbol: EUR / PLN<br> (more...)Tags: Euro against, technical, the euro., traded
Germany Forex Trading
Germany is Europe’s largest economic center where the German market in terms of the extent to Forex Money Market is one of the largest markets worldwide. The German bank controls nearly one fifth of the entire currency trading worldwide and is the world leader in forex trading.
The foreign exchange market in Germany, flowering after the last few years. The German Bundesbank, together with other authorized banks, trading and investment companies are the major players in the German foreign exchange market. In addition, many people maintain (mostly travelers) small amounts of money go to in order to achieve market access through intermediaries, to use with larger companies to banks. Read the rest of this entry »
Tags: forex market, forex trading online trading, German market, the euro., The foreign exchange
Atrophy of wages is one of the causes of the crisis
The social partners should make proposals on the sharing of profits before July 15: Nicolas Sarkozy has just announced, after delivery by Jean-Philippe Cotis, Director General of INSEE, a report on “Sharing value added. ” A report that highlights the stagnation of wages for years and the unequal distribution of profits. A more topical than ever, especially since the atrophy of wages is one reason for the crisis we are living.
Why did we get here?
The massive debt of U.S. households, but also British, and to a lesser extent on the countries of the Euro Zone, is one of the essential origins of the crisis (this is not the only, see our previous articles). The household debt has reduced the creditworthiness of economic agents that we are. With an average debt of 170% of gross disposable income in the United Kingdom or 140% in the U.S., the inevitable collapse of household is a reality that could not escape. Recall that under the Euro Zone saw its debt ratio to achieve progress as now over 90% against nearly 65% in 1998 and therefore inexorably follows the many problems facing Americans. Read the rest of this entry »
Tags: the economic, the euro., to Except
Euro in early trade continues to be weak
The euro has weakened in the morning on Thursday the European currency trading against the U.S. dollar benchmark price of the ECB on Wednesday, and tends to the late foreign exchange trading in New York. While the single currency higher against the Japanese yen noted, she lost to the Swiss franc and British pound gained ground. At 9 clock, the U.S. dollar against the euro at 1.4086 after the benchmark price was U.S. $ 1.4132 on Wednesday. Read the rest of this entry »
Tags: currency, largest economy, the euro.
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 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 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.
The Euro is 10 years old
One euro stabilized and in good shape despite global chaos generated by the financial crisis, followed the Jan. l 10 years of its appearance in the European Union.
Since its introduction as a currency., Some 300 million people could operate in the euro area, with own currency, being the actual date of implementation on 4 January 1999 as the first day. Read the rest of this entry »
Tags: a currency, economics, the euro., the financial