The tough spot for the sterling on the currency market
The U.K. pound is as strong as ever, but the Bank of England isn’t sure it should stay that way. Indeed, talk is beginning that the pound is overpriced in currency trading on the FX market. However, without keeping a lid on inflation, Britain would run into other economic problems. But keeping inflation down means higher interest rates, and that in turn means a stronger pound on the FX market. (more…)
Forex - Dollar near 2007 euro lows on US economic concerns, Iran missile launch LONDON (AFX) - The dollar is trading near 2007 lows against the euro on mounting speculation this week’s raft of US economic data will paint a relatively downbeat picture of the state of the world’s largest economy.Source: www.fxstreet.comForex - Australian, Canadian dollars boosted by higher oil, gold prices LONDON (AFX) - The Australian and Canadian dollars were both firm, helped by higher oil and gold prices. At 2.00 pm GMT, the Australian dollar was trading at 0.7929 against its US (more…)
Forex-Markets-The Economic Times News By Industry. Companies A-Z. Politics/Nation. International Business. Economy. Most Read Articles … Forex. Debt / Money. Commodities. Hot Links. Career …Source: economictimes.indiatimes.comOANDA Includes currency converters, currency daily table, historical tables and charts, and forecasts.Source: www.oanda.comX-TRADE, forex, indeksy, towary, rynek walutowy, pochodne, doradztwo walutowe, derywaty, inwestowanie, forex, ryzyko… Kontrakty walutowe, forex. Kursy walut, inwestycje, rynek walutowy, analizy z rynku (more…)
The swissie is still down on the currency market
The Swiss franc has gone from hedge currency to carry trade currency, and is declining in forex trading on the currency market. The swissie is near record lows against the U.S. dollar as the carry trade puts it under pressure. Bloomberg has the forex trading story on the Swiss fran (more…)
