FX Outlook

 

FX Outlook
January 26, 2010 Posted by

As they tend to do with remarkable frequency, politicians and regulators have become involved in various markets around the world over the past week, and the results have not been pretty for the most part. 

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FX Outlook
January 19, 2010 Posted by

On January 7 of this year, the day after his appointment as Japan's finance minister, Naoto Kan stated that there was a need for the yen to weaken in order to help Japanese exporters. The markets did not treat this statement lightly, for it effectively reverses the long-held position of his predecessor, Hirohisa Fujii, of allowing the value of the yen to be determined solely by market forces. Fujii-san had resigned earlier in the week due to ill health. Kan explained that he "must work with the Bank of Japan to bring the yen to appropriate levels given its impact on the economy" and that "many Japanese firms favor yen at around ¥95." The currency markets were caught completely off guard by his comments and responded by selling the yen in a panic, driving it lower by more than half a yen vs. the dollar -ultimately to ¥93.77, its lowest level versus the dollar since last August.

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FX Outlook
January 13, 2010 Posted by

In today's business environment, escalating a technology company into the international marketplace may no longer be just an option, but a necessity for growth. However, like any significant endeavor, conducting business across borders also has its challenges. 

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FX Outlook
January 05, 2010 Posted by

The holiday had brought tidings of comfort and joy for the USD and the U.S. market. Apart from the Asian economic recovery, recent U.S. employment data has lead to optimism that 2010 will bring further sustained economic improvement in the U.S. U.S. stocks marked recovery-trend highs, long yields ascending to four-month highs and the USD index rebounded to three-month highs.  

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FX Outlook
December 29, 2009 Posted by

2010 is likely to be the year of the global recovery. Thanks to the coordinated, sizeable and successful global policy stimulus, the world economy is entering 2010 in what appears to be the very early stages of the recovery. Across

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FX Outlook
December 23, 2009 Posted by

What do Mexico, Greece and Dubai have in common besides warm weather? DEBT — mountains of it. And where there's smoke, there's fire. The real concern in the markets is who might be next. So far we've had a solid

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FX Outlook
December 15, 2009 Posted by

The unemployment data published on December 4, 2009 gave us a rare insight into how the traders in different markets view the numbers. Arguably, the most interesting was that of the equity traders. Stocks initially jumped higher by 150 points

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FX Outlook
December 08, 2009 Posted by

 Adults are only kids grown up. Walt Disney Disney's enduring attraction was updated and revamped last year, but its theme resonates even more today than when the attraction opened at the 1966 World Fair and subsequently moved to the Disneyland

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FX Outlook
December 01, 2009 Posted by

 I was a bit surprised last week when the Mexican peso appeared on the Bloomberg radar screen, that screen that 170,000 of us around the world have in front of us for much of our working day. The blip wandered

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FX Outlook
November 24, 2009 Posted by

For the past two years, foreign exchange (FX) markets have been influenced by the massive global monetary policy stimulus programs and central bank quantitative easing (QE) efforts to stimulate and support local economies. At the forefront of this activity, the

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