Tag Archives: forex

All Hail the Kiwi June 1, 2011 by Mario · 2 Comments Filed under: my paper  If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting! (As written for My Paper on 1 June … Continue reading →

The latest news that S&P lowered Italy’s credit-rating outlook has pushed the Euro below 1.40 for the first time in over two months. Lowering Italy’s credit-rating outlook from stable to negative, the S&P cited the nation’s slowing economic growth and … Continue reading →

The Euro has dropped a staggering 870 pips since the start of May, and the downtrend looks set to continue. This week, 2 major problems will keep the battered Euro to the downside: 1. Debt Restructuring for Greece On Monday, … Continue reading →

The events that unfolded last week proved nail-biting and knee-wobbling for all traders – it certainly wasn’t for the faint-hearted. One thing was for sure: the USD reigned supreme. Here’s a blow-by-blow round up of last week’s events: Portugal agrees … Continue reading →

In the re-run of the soap opera from a fortnight ago, the United States dollar was crushed again last week. The biggest news that triggered the sell-off came from a press conference held by Federal Reserve chairman Ben Bernanke, the … Continue reading →

The US dollar was badly assaulted last week because of the warning given by Standard & Poor’s on the state of US debt. The S&P cut the outlook for US sovereign debt from stable to negative, which was the first … Continue reading →

China has announced that reserve ratios will rise half a point from 21 April 2011; bringing the requirement to a staggering 20.5% for the nation’s biggest lenders. Central bank Governor Zhou Xiaochuan said that he sees “no absolute limit” on how … Continue reading →

The European Central Bank (ECB) made its move laste last week, hiking interest rates 25 basis points from 1% to 1.25%. Although the rate hike was the first in almost three years, it was widely anticipated by traders. They welcomed … Continue reading →