One World, One Money
By Carl Teichrib, Chief Editor Forcing Change: www.forcingchange.org ... a global currency.” — Paul Volcker, former Chair of the US Federal Reserve. 1 “I fully support a single global currency.” Flabbergasted, I waited for an explanation.“That way farmers in Africa [more...]
Date: 2009-01-10 13:31:00
Blog posts
(53) |
Videos
(3)
Opinion: BoE cut lifts Kiwi
By BNZ Currency Strategist Danica Hampton NZD/USD spent most of the night trading choppily within a 0.5800-0.5960 range ... about the outlook for global growth. Against this backdrop, growth sensitive currencies like NZD ... currencies last night amid soft equity markets, weak US data and the Bank of England’s rate cut. Initially [more...]
Date: 2009-01-09 01:20:09
Market Monopoly
A bonus Friday afternoon guest post via Macro Man -- a portfolio manager at a London-based hedge fund, he trades global currencies, equities, fixed income, and commodities. Over a long and varied career, Macro Man has been an international economist, a sell-side currency strategist, and a currency options market-maker. His amusing Friday [more...]
Date: 2008-08-29 18:30:00
The Battle of Hastings, Revisited in Forex Markets
Currencies Joanna Slater reports: The hottest bet in currency markets these days doesn’t involve the dollar ... for investors to hold a currency. The European Central Bank, by contrast, has been comparatively ... weakening rapidly,” said Richard Benson of Millennium Global Investments, a London currency manager [more...]
Date: 2008-12-29 10:32:00
US Dollar hits one-year high vs euro
During the last hours we have seen the EUR/USD reaching its lowest level since September 2007 ... their own analysis of this situation. Kathy Lien, Director of Currency Research at GFT (Global Forex Trading), wrote a special report about this topic where she said: “3 primary factors continue to drive [more...]
Date: 2008-09-11 14:47:36
TradeVestment : A Forex Strategy Report by Kersi Jilla of ForexMetrics.com
A Forex Strategy Report & Forex Commentaries based on Forex Metrics Currency Index, provides currency forecasts, forex predictions, trading signals, currency trends and more. CLICK HERE TO SUBSCRIBE FMCI ... % “Forex Metrics Currency Index” A Global Economic [more...]
Date: 2009-01-01 18:07:23
TradeVestment : A Forex Strategy Report by Kersi Jilla of ForexMetrics.com
A Forex Strategy Report & Forex Commentaries based on Forex Metrics Currency Index, provides currency forecasts, forex predictions, trading signals, currency trends and more. CLICK HERE TO SUBSCRIBE FMCI ... % “Forex Metrics Currency Index” A Global Economic [more...]
Date: 2009-01-03 05:15:47
Forex Market
Trading information for beginnersIf you’re a new to the forex (foreign exchange) market, you probably have a lot of questions. Making money in a global currency market is an exciting prospect; you’re probably wondering how ... t have a financial background. ForexGen Money Manager An individual who is responsible for the entire financial [more...]
Date: 2009-01-13 00:37:00
Daily Report for Mon, Oct 27, 2008
The crisis in global equity, commodity and currency markets worsened overnight ... ) as an indicator. US equity futures have come off their earlier lows. ADDENDUM Links & Charts ... is sinking as are prices on the European bourses; the US equity markets may open with futures locked [more...]
Date: 2008-10-27 10:13:05
HMS Markets Latest Expert Advisors Otkat MACD Sample myRandom Latest Forex News Dollar Falls on Fears That Recession Deepens ... Trading Platform Start Trading with the Best FXOpen - Forex at its Best ... currency counterparts on the global Forex market today as the stocks fell and the demand for the Japan’ [more...]
Date: 2008-12-27 13:25:28
British Pound Forecast: GBPUSD Could Bounce After Record Declines
Canadian Dollar Holding Own...Reversal Potential Friday, 15 August 2008 12:29:48 GMT Gold Falls Below $800, As Global Economy Slows [ ... More Currency News More Articles Forex reports special fx reports British Pound ... Rodriguez, Quantitative Analyst The British Pound has now fallen for the 11th consecutive trading [more...]
Date: 2008-08-15 18:14:09
“Saturday Seminars” - Keep It Simple Stupid: Trading with the Elliott Wave
Using Elliott Wave successfully means using it simply ... . Along with the basics, Mark shares several trading approaches to the Elliott Wave sequence ... -time commentary on dozens of global equity, bond, currency, and commodity markets for professional [more...]
Date: 2008-07-26 10:00:40
Economic outlook, Wall Street drop send Asia stocks plunging
Asia-Pacific stocks took dives Thursday amid bearish sentiment triggered by Wall Street's sharp overnight losses as well as a dismal global and ... . Falling commodity prices and fears of a global recession also hurt the local currency with the Australian [more...]
Date: 2008-10-24 04:51:46
Words from the (investment) wise for the week that was (Dec 29, 2008 – Jan 4, 2009)
Changing the digits on the calendar from ’08 to ’09 may not have transformed the dire outlook for the global economy, ... currency was allowed to float freely in 1973) • Pound against US dollar: -26.2% (worst annual decline ... launch of single currency in 1999) Commodities [more...]
Date: 2009-01-04 08:14:39
Is Obama aiming too low?
Is Obama moving too cautiously to address the nation's economic ills? ... remaking the global economic order so as to address global trade and currency imbalances. Joe [more...]
Date: 2009-01-10 00:06:24
Recession fears hit stocks
LONDON - FEARS of an ‘inevitable’ global recession prompted sharp swings on currency markets and falls on stock exchanges despite talk of new ... rate cuts in the 15-nation eurozone to spur economic growth forced the euro towards a near two-year [more...]
Date: 2008-10-22 11:03:51
Iceland teeters on the brink of bankruptcy
This volcanic island near the Arctic Circle is on the brink of becoming the first "national bankruptcy" of the global financial meltdown ... as their economy implodes - their currency losing almost half its value, and their heavily exposed banks ... . A full-blown collapse of Iceland's financial system would send shock waves across Europe, given [more...]
Date: 2008-10-07 22:54:53
FOREX-Yen buoyed by risk reversal, euro on defensive (Reuters via Yahoo! Malaysia News)
SYDNEY, Jan 12 (Reuters) - The Japanese yen climbed across the board on Monday as a grim global outlook favoured safe-haven currencies, while the euro stayed on the defensive on talk of an aggressive cut in eurozone interest rates later this week. Link to the original site [more...]
Date: 2009-01-12 07:17:25
Wednesday morning links
#fullpost{display:inline;}TOP STORIESHill aides: CBO to project $1 ... By Record 41.9% on Global Slump - BloombergA homely parade in the currency ‘ugly’ contest - FT ... from your Mortgage Calculator - Payorgo.comMortgage applications dip despite low rates - CNN/MoneyHalf [more...]
Date: 2009-01-07 13:48:00
Global Economic Calendar
January 12 - 16, 2009 Date Time* Currency Event Actual Forecast Previous Mon Jan 12 10:30 AM CAD ... will generally strengthen the underlying currency. Retail Sales This report acts as a barometer [more...]
Date: 2009-01-12 16:35:19
REFILE-GLOBAL MARKETS-Stocks up for 3rd day, yen dips
Asian stocks rose for a third day on Thursday, boosted by the prospect of more growth-supportive policies globally following interest rate cuts by ... . This has boosted currencies such as the Australian dollar and the South Korean won. Credit availability ... Reserve cut its benchmark rate to 1 percent on Wednesday to the lowest since June 2004, to [more...]
Date: 2008-10-30 05:47:27
Knowing Some Words Used in Electronic Money Transfers
Electronic money transfers are not only used in connection with foreign currency exchange payments, ... Interbank Financial TelecommunicationSWIFT is a global provider of secure financial messaging service [more...]
Date: 2009-01-02 01:51:00
Permanent Link to Falling out of the euro zone?
Falling out of the euro zone? Comment (1) Posted by: Jeremy Gaunt Tags: MacroScope, debt, economics, euro, euro zone, Greece, Ireland, ... , after all. But the subject has been raised. Gary Dugan, chief investment officer of Merrill Lynch's ... to quit the currency to be heard in some member countries as the global recession bites. He added [more...]
Date: 2009-01-11 21:56:06
NOW Are We In Recession?
Jeffrey Frankel is Harpel Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government ... international finance, currencies, monetary and fiscal policy, commodity prices, regional blocs, and global [more...]
Date: 2008-11-11 12:00:50
FACTBOX-Indonesia’s measures to fight global slowdown
Indonesia has announced a $6.5 billion fiscal stimulus package in its latest measure to support Southeast Asia’s biggest economy amid a sharp global ... this week (Jan. 7) in a bid to spur growth. * CURRENCY RESTRICTIONS To halt a plunge in the rupiah currency and cut down speculative trading, BI imposed restrictions on currency transactions [more...]
Date: 2009-01-06 06:56:14
The Anatomy of Despotism
Vincent’s Note:As I read this article of Ron Paul, it felt like I was talking to myself. I’ve previously written a few articles regarding the global economic crisis caused by America’s economic policy and its inflationary currency. I would like to post Paul’s commentary [more...]
Date: 2009-01-08 05:46:26
Forex Trading Signals Generate Profits on Market Volatility
Tremendous declines in global equity indices has forced similarly pronounced movements in domestic currencies, and our DailyFX+ Trading Signals continue... [more...]
Date: 2008-10-06 16:32:19
TOOL: Spb Software releases Spb Traveler 2.0 for Windows Mobile Professional
If you travel a lot, a digital travel assistant might becomes handy and during the past weeks, ... and information to travelers such as world time and global weather service, tip calculator and multilanguage phrase book, as well as currency, unit, and clothing size converters. Permalink (c) 2008 [more...]
Date: 2008-11-04 17:01:56
WHY ETFS
Carl Delfeld Carl Delfeld is head of the global advisory firm Chartwell Partners and editor of Chartwell Advisor ... baskets of stocks, currencies or commodities. Some ETFs offer relatively low-risk, broadly [more...]
Date: 2009-01-08 15:50:06
More Consumption Less Production
More Consumption Less Production December’s larger than expected jump in non-farm payrolls is predictably being touted as evidence of a more ... will be larger trade deficits that merely compound already stretched global imbalances and exacerbate ... data is further evidence of how widespread this misunderstanding has become. Currency traders bid [more...]
Date: 2009-01-12 00:28:00
Money is Dead - Long Live Barter
Inspired by global economic developments, I’ve been thinking recently about doing without money. Not in a bad way ... be mistaken. Because an astonishingly large proportion of the global trade in goods and services is barter-based, to protect traders against alarming currency fluctuations. In one of the most famous [more...]
Date: 2009-01-11 15:37:26
Global Carnage In Pictures
I talked about the Sea of Red except for gold an government bonds earlier today in Treasuries and Gold Rise as Global Credit Freeze Prompts More ... Grain Futures Softs Futures Metals Futures Meat And Dairy Futures Currency Futures ... click on chart for sharper image Future Tables are Courtesy of Barchart Commodities. Government [more...]
Date: 2008-10-06 19:41:01
Sarkozy, Merkel, Blair call for a “New World Capitalism”
A prayerful French President Nicolas Sarkozy delivers a speech at the symposium “New World, New Capitalism” in Paris Thursday Jan. 8, 2009 ... , saying: “We should discuss how each of us is managing his currency, his interest rates.”The leaders ... s current account surplus — or trade balance — as problems upsetting the global economy.A Congressional [more...]
Date: 2009-01-11 21:41:33
Sarkozy, Merkel, Blair call for new global order
Sarkozy, Merkel, Blair call for new global order January 09, 2009 By: Freedom Fighter ... of us is managing his currency, his interest rates.” The leaders of France and Germany have differed ... or trade balance — as problems upsetting the global economy. A Congressional Budget Office report [more...]
Date: 2009-01-11 06:13:05
Permanent Link to Forgiveness in paradise?
Forgiveness in paradise? Comments (5) Posted by: Richard Lough Tags: Africa, Africa Blog, Africa economy, debt, debt relief, development, economy, global financial crisis, IMF, Indian Ocean, investment, President James Michel, Seychelles ... , is in desperate need of foreign currency to replenish severely depleted reserves. When the Seychelles [more...]
Date: 2009-01-11 21:56:06
The Protectionist Stylings of Warren Buffett
Trade Diversion has pointed me in the direction of this highly interesting Vox EU commentary from Jagdish "In Defense of Globalization" Bhagwati ... . It appears the good professor is now regretting his decision to (oddly) style Barack "China Currency Coalition" Obama as a free trader and Hillary Clinton a protectionist ! I have always [more...]
Date: 2009-01-11 16:37:37
Viking Global. Global macro funds seek to find investments in whatever market they can gain an edge, whether it be equities, bonds, currencies, debt, ... he has a longer-term macroeconomic view, he won't let that stop him from making money by trading [more...]
Date: 2008-12-08 14:01:00
The Crisis of an Illegitimate Political Order
The Crisis of an Illegitimate Political Order Central banks around the world began intervening over the last 24 hours to protect a fragile global financial system. Chain reactions of debt-swaps meant that contagion was not localized, but spread ... when adjusted for currency. Individuals great and small became caught up in the panic selling: [more...]
Date: 2008-09-16 23:01:59
Forex Trading: No Longer Just For Professionals
And wealth management firms have also grasped that playing the currency markets can save their clients money and add an additional slice of returns ... of the US-based financial services company Global Futures & Forex, offers private clients an online ... Stockbrokers, part of Barclays Wealth, the UKs biggest wealth management business, launched an on [more...]
Date: 2008-12-17 05:15:09
Many Deals Collapsed in ‘08, Not Always Quickly
Josh Beckerman and Jennifer Rossa of Private Equity Analyst, look at one of the more notable ripples of the global financial crisis ... brick wall of the Committee on Foreign Investment in the U.S., which was concerned that Huawei had ties ... of the Currency was imposing unreasonable requirements on the $7.8 billion deal, and Alliance Data [more...]
Date: 2009-01-05 16:56:19
Many Deals Collapsed in ‘08, Not Always Quickly
Josh Beckerman and Jennifer Rossa of Private Equity Analyst, look at one of the more notable ripples of the global financial crisis ... brick wall of the Committee on Foreign Investment in the U.S., which was concerned that Huawei had ties ... of the Currency was imposing unreasonable requirements on the $7.8 billion deal, and Alliance Data [more...]
Date: 2009-01-05 19:30:00
WRAPUP 1-South Korea ramps up bank support as economy slumps
South Korea will ramp up the amount of financial support for banks in 2009 to help tackle a global crisis that could send the economy into a recession, a danger underscored by data showing business sentiment at a record low. Currency dealers also reported South Korean authorities were selling a large amount of dollars to support the local [more...]
Date: 2008-12-30 06:45:37
The Economic Benefits of Localization
“Localization may describe production of goods nearer to end users to reduce environmental and other external costs of globalization. “Relocalization” is “…a strategy to build societies based on the local production of food, energy and goods, and the local development of currency, governance and culture. The main goals [more...]
Date: 2009-01-07 11:50:16
The Real Price of Gold is Less Than the Real Price of Fiat Currency
by Chris Powell of the Gold Anti-Trust Action Committee National Geographic’s January issue has what has been the usual “global” sort of article about gold mining, written by Brook Larmer, accompanied by stunning photographs taken by Randy Olson, and predictably enough headlined “The Real Price of Gold [more...]
Date: 2009-01-12 21:00:20
The Global Credit Crisis as History
Barry Eichengreen, an economic historian at the University of California at Berkeley whose scholarly work showed how the international affection for ... and elsewhere , have resisted stimulative policies that might produce a falling exchange rate ... drew other lessons: “the importance of avoiding competitive currency depreciation and of keeping [more...]
Date: 2008-12-29 12:00:00
Control Your Emotions While Trading The Forex Market
Foreign currencies are widely available and can be purchased from commercial banks or money dealers at market rates ... , providing true diversification. Other benefits of forex trading include global exposure to growth, multi ... (the British terms). Almost all financial papers report both ways. Trading forex is in some ways [more...]
Date: 2008-12-26 06:25:23
Forex Trading Basics
Every day, about one trillion dollars worth of foreign currencies are being traded all over the world. This is how big forex trading is nowadays. From a virtual unknown in the investment arena, forex trading has become a global multi-million ... . In the past forex trading was only done by banks and investment houses, now ordinary people can dabble [more...]
Date: 2009-01-07 16:19:39
Who is Behind the Financial Meltdown? by Michel Chossudovsky
on current Dandelion Salad by Michel Chossudovsky Global Research, October 11, ... . There are several instruments including futures, options, index funds, derivative securities, etc. used ... Stearns was in part due to short selling. Short selling has also been used extensively in currency [more...]
Date: 2008-10-12 01:47:33
Unrest in Russia
Unrest in Russia Gordon G. Chang - 12.19.2008 - 2:12 PM Russians are taking to the streets as global energy prices decline and their country’s ... by high commodity prices to build a more sustainable economy. So Russia rode the energy wave ... exchange reserves-the third largest in the world-to defend a rapidly depreciating currency [more...]
Date: 2008-12-19 19:12:49
REFILE-GLOBAL MARKETS-S.Korean won hits 2-mth high, stocks slip
The South Korean won struck a two-month peak on Monday as a slow recovery in investor appetite for risk boosted some Asian currencies, while oil and gold prices surged on the flare-up of violence in the Middle East. The dollar took a hit from the jump in oil and gold prices as the conflict between Israel and Hamas in the Gaza Strip stirred [more...]
Date: 2008-12-29 05:23:33
