INSTANT VIEW-S.Korea Nov CPI up 4.5 pct yr/yr, below forecasts

South Korean consumer prices in November rose 4.5 percent from a year earlier, below market expectations, data showed on Monday ... COMMENTARY: JUN MIN-KYOO, ECONOMIST, KOREA INVESTMENT & SECURITIES “Foreign exchange rates are the biggest concern. Consumer prices will not go down anytime soon because of exchange rates. “ [more...]

Date: 2008-12-01 06:14:39

Blog posts (35) | Videos (13)
 

Forex theory and practice

In class last week we discussed exchange rate determination, prefaced by the recent relationship between pound sterling and the Euro ... has fallen is the looming recession and historically low interest rates. Although I think that exchange ... about the euro area’s prospects led foreign-exchange dealers to factor in an early cut in European interest [more...]

Date: 2009-01-11 17:30:42

Red Hat Soars on Upbeat Q4 Forecast; Forex Prominent

On a conference call with analysts last night following a better-than-expected Q3 report, Linux operating system vendor Red Hat (RHT) ... exchange rates, noting that the company lost about $7 million last quarter because of the rise ... baked in analysts’ models given what it called “significant” foreign exchange rate fluctuations [more...]

Date: 2008-12-23 15:35:13

Currency Swapping: Hotter Than Wife Swapping?

OK, so the post title is idiotic (but catchy!) I can explain the former, though the latter is beyond the scope of this blog's coverage ... for a foreign currency at the prevailing exchange rate to help tide over its current FX funding needs. At an agreed date, the process is reversed, with the future exchange rate determined by the interest [more...]

Date: 2008-10-30 10:56:00

Daily Forex Overview

Previous session overview On Wednesday, the dollar declined versus the euro after the Federal Open Market Committee voted to keep interest rates unchanged and the foreign exchange market concluded that it gave no signal of a near-term rate hike. After a two-day policy meeting in New York, U.S. Federal Reserve Chairman Ben Bernanke largely [more...]

Date: 2008-06-26 07:55:00

Brazilian history of hyper-inflation, and the resulting propensity to consume

People who have witnessed hyper-inflation may fear that if crisis hits again, they may loose all of the value of their savings… ... the current account deficit, and in turn scares away foreign investors…driving down the exchange rate ... , not in my generation in the USA). While I dont think inflation is a risk in Brazil at the moment (although [more...]

Date: 2009-01-10 13:58:29

Accenture FY Q1 Tops Ests; But Cuts Guidance On Forex

Accenture (ACN) this afternoon posted revenue for its fiscal first quarter ended November 30 of $6.02 billion, ahead of the Street at $5 ... foreign-exchange rates would have a negative impact of 8%-10% versus the year ago quarter ... its forward guidance to reflect a revised outlook for exchange rates. For FY Q2, the company sees [more...]

Date: 2008-12-18 12:57:00

Connect NYC: What to Expect for ’09

By Katherine Tarbox, Senior Editor, REALTOR® Magazine More than 1,200 hungry real estate professionals gathered for Real Estate Connect NYC, Jan ... during a time when exchange rates are still favorable for foreign buyers. One tip: Those who want to break into the international arena should list prices in foreign currencies and state dimensions [more...]

Date: 2009-01-09 21:15:19

[IMG Shop sales]

Eurozone bargain hunters flood into UK Shoppers from countries in the eurozone are swarming into Britain and London in particular ... foreign exchange rates New Star Latest on the struggling fund manager Financial crisis Who's to blame ... oil price and historic charts Interest rates News and experts' predictions House prices News [more...]

Date: 2009-01-12 20:43:58

Interest rate cut 'affecting French investment opportunities'

Those considering purchasing property in France are likely to find doing so much more costly due to the current weak pound, it has been claimed. Gary Field of foreign exchange firm RationalFX explained that the recent cut in UK interest rates to two per cent will have an impact on the exchange rate, making properties in France [more...]

Date: 2009-01-07 16:01:08

Red Hat Shares Rise as Q3 Profit Beats

Linux software vendor Red Hat (RHT) is jumping after hours following better-than-expected profits ... estimate of $166.4 million, however net income per share, excluding the cost of options, was 24 ... reduction to operating expenses thanks to foreign exchange rate changes, which offset the forex [more...]

Date: 2008-12-22 12:28:00

Stiff Upper Lips and Large Rate Cuts

The positive reaction by the U.K. pound in relation to the euro, after both central banks reduced interest rates overnight, suggests a different outlook among foreign exchange investors. Among the major forex markets ... more,” says Ulrich Leuchtmann, head of forex research at Commerzbank in Frankfurt, Germany [more...]

Date: 2008-11-06 15:51:31

Is Forex too Risky to Invest In?

by Alan Ruffalo Have you ever thought about exchanging foreign currency to make a profit ... % automated. Tell me it is not a great feeling to deposit some money in an account and have software ... it where there is actually money to be made, in currency exchange rates. Can you find a stock trading [more...]

Date: 2009-01-08 01:25:54

Interest Rate Risk Exposure

Interest rate exposure refers to the interest rate differential between the two countries' currencies in a foreign exchange contract ... conditions:* 2 pips spread on six currency pairs.* Providing online trading services without maintenance ... or futures contract. As a side note, arbitragers are investors that take advantage when interest [more...]

Date: 2009-01-06 19:58:00

MORE DEBT, LESS FILLING

MORE DEBT, LESS FILLING Posted in January 8th, 2009 by admin in Uncategorized Submitted by The Capital Spectator The selling of the 10-year ... official in China, who reportedly said late last year that the Middle Kingdom’s foreign exchange ... , and that complicates the outlook for interest rates,” Ben Simpfendorfer, a Hong Kong-based economist [more...]

Date: 2009-01-08 07:53:30

The End of Figure Imports?

gal_killed_someone Over the past few months, the economic landslide in the entire world has caused foreign currency exchange rates to go haywire. What used to be the paradise for figure [more...]

Date: 2009-01-08 07:37:36

Friday, 14th November 2008

Howzit Foreign currency mid-rates updated. -o00o- Think along these lines - how on earth to you calculate inflation when it stretches into 21 ... calculated the figures based on exchange rate movements and market data. In post Second World War ... figures? "The latest figures put the country's annual rate at 516 quintillion per cent - 516 [more...]

Date: 2008-11-14 11:34:13

Make Billions In The Forex Market By Trading Intelligently

by Rod Soto Foreign exchange market involves transactions of currencies of different countries ... of one countries currency in exchange for paying a quantity of another countries currency or between two ... . Every small and big factor from nook and corner of the world effects currency exchange rates which [more...]

Date: 2009-01-08 12:37:54

économie_12/01/2009

(Source: NBER, National Bureau of Economic Research)Commercial PaperEconomic and Financial Indicators (updated daily)Federal Reserve Board (updated daily)Foreign Exchange RatesSelected Interest Rates [more...]

Date: 2009-01-12 12:14:06

Alamos Gold Inc. Reports Strong Fourth Quarter and Full Year 2008 Production and Provides 2009 Operating Forecast

TORONTO, ONTARIO - Alamos Gold Inc. (TSX: AGI) ("Alamos" or the "Company") ... ("g/t Au") - Waste-to-ore ratio of 1.3:1 - Mexican Peso:USD foreign exchange rate of 12.6:1 Significant [more...]

Date: 2009-01-11 22:12:00

HK dollar inches lower, interbank rates ease

The following is a snapshot of the Hong Kong foreign exchange and money markets on Monday ... on Monday following the HKMA interventions aimed at keeping the Hong Kong dollar within its pegged trading ... in the longer-dated contracts, said a dealer at a Europea bank. MARKET/ECONOMIC NEWS >Stock market reports [more...]

Date: 2009-01-05 06:33:52

HK dollar eases, interbank rates remain soft

The following is a snapshot of the Hong Kong foreign exchange and money markets on Tuesday ... . Another dealer at a European bank attributed the fall in part to the U.S. dollar’s strength ... market in the past few months aimed at keeping the Hong Kong dollar within its pegged trading band [more...]

Date: 2009-01-06 06:47:08

What’s a Ponzi Scheme? (And Who Is This Ponzi Character?)

Investigators are trying to figure out whether the financial fraud allegedly perpetrated by Bernard L ... .) As exchange and postal rates fluctuated, though, there was an opportunity to make a profit. You only had to purchase postal reply coupons cheaply in some foreign country, send them back to the U.S. to swap [more...]

Date: 2008-12-16 17:45:15

Emerging Economies Risk Being Crowded Out As First World Steps Up Borrowing

There has been some discussion of the possibility of buyer revulsion eventually reaching the Treasury market as a burgeoning calendar bumps up ... rates...” Brazil, Russia, India and China face external debt payments of $205bn, $605bn, $257bn and $2,437bn respectively, but can rely on large foreign exchange reserves to help meet bills [more...]

Date: 2008-12-29 04:02:28

Free Daily Forex Advice Brings You the Forex Intro

The foreign exchange market, also known as forex, is a financial area where people are making huge amounts of money everyday ... . Forex trading is always conducted in pairs so , for example, if the EUR/USD rate was 1.3873 ... it is very fast moving and uncontrollable. Many people will look to buy into forex managed accounts [more...]

Date: 2008-12-20 03:45:00

Hong Kong dollar still strong, interbank rates ease

The following is a snapshot of the Hong Kong foreign exchange and money markets on Friday ... of carry trades, fund inflows into the territory from investors seeking a safe haven and as demand [more...]

Date: 2008-12-19 06:48:27

Is Gord benefitting from the recession upsides?

How key a factor is this in current poll ratings? We are told that 27,000 Woolworths staff are set to be losing their jobs in the New Year, ... on the foreign exchange markets and businesses up and down the country struggle with their banks ... the cost of a litre of diesel is now below the £1 mark, mortgage rates are at their lowest [more...]

Date: 2008-12-18 19:32:35

More Debt, Less Filling

The selling of the 10-year Treasury Note (and the corresponding rise in yield) ... that the Middle Kingdom’s foreign exchange reserves kitty has been doing the unthinkable lately ... and a waning appetite for Treasuries, and that complicates the outlook for interest rates,” Ben [more...]

Date: 2009-01-08 17:40:30

MORE DEBT, LESS FILLING

The selling of the 10-year Treasury Note (and the corresponding rise in yield) ... that the Middle Kingdom's foreign exchange reserves kitty has been doing the unthinkable lately ... and a waning appetite for Treasuries, and that complicates the outlook for interest rates,” Ben [more...]

Date: 2009-01-08 22:26:18

Ambrose Evans-Prichard Explains the Bond Bubble

Ambrose Evans-Prichard nails it.The tricky part, as always, is the timing of it all ... about an exodus of hot money – disguised as foreign investment in plant. The exchange regulator is muttering ... are betting too that debt deflation will overwhelm the effects of near-zero interest rates across the G10 [more...]

Date: 2009-01-12 15:00:00

THE FED'S HISTORIC MOVE

The Federal Open Market Committee's (FOMC) action on Dec ... inflation. The Fed's actions will weaken the dollar in foreign exchange markets, which has already begun ... supply directly and end the practice of targeting money indirectly by focusing on interest rates [more...]

Date: 2008-12-18 13:29:58

HK dollar remains strong, interbank rates soften

The following is a snapshot of the Hong Kong foreign exchange and money markets on Tuesday ... . The Hong Kong dollar has been boosted by the unwinding of carry trades and some companies [more...]

Date: 2008-12-16 06:06:40

HK dollar hovers near its upper limit, Hibor steady

The following is a snapshot of the Hong Kong foreign exchange and money markets on Wednesday ... -month -50/-42 -52/-47 Six-month -80/-60 -75/-65 One-year -95/-55 -90/-70 INTERBANK RATES ... to the U.S. dollar but can trade between 7.75 and 7.85. * Local interbank rates were little changed [more...]

Date: 2008-12-24 05:31:39

HK dollar eases slightly, short-dated Hibor falls

The following is a snapshot of the Hong Kong foreign exchange and money markets on Friday. Morning Previous Close At 0324 GMT At 0932 GMT HK$ SPOT 7.7510/13 7.7500/01 FORWARDS Three-month -40/-35 -45/-40 Six-month -60/-50 -76/-70 One-year -70/-50 -100/-80 INTERBANK RATES [more...]

Date: 2009-01-02 06:38:05

The Complete Guide to Currency Trading & Investing: How to Earn High Rates of Return Safely and Take Control of Your Investments

Click to LOOK INSIDE ! Click to LOOK INSIDE ! ... currency for another country's currency. The foreign exchange (Currency or Forex or FX) market [more...]

Date: 2008-12-29 17:10:01

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