FX Outlook

 

FX Outlook
June 22, 2010 Posted by

As a rule, I prefer to avoid the use of these acronyms whenever possible. In this case, however, I simply could not resist a nod to George Orwell's Animal Farm. In the novel you may recall that the pigs, who held a leadership position on the farm and became increasingly content with the perks associated with their power, eventually changed one of the central rules governing the farm from "all animals are equal" to "all animals are equal, but some are more equal than others." A similar theme can be applied to the troubled euro zone countries commonly referred to as the PIIGS (Portugal, Ireland, Italy, Greece and Spain).

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FX Outlook
June 15, 2010 Posted by
On June 2, Japan's prime minister abruptly resigned. And, yes, we should worry. However, nobody — at least nobody in the financial markets — seemed to care. What's with that?
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FX Outlook
June 08, 2010 Posted by
Turmoil continues to be the common denominator in today’s global financial markets. The foreign exchange (FX) markets are no exception. In fact, the currency market is the most bearish on the EUR that it has been in the past seven years due to concerns that European banks and economic growth will face challenging times as they weather European sovereign debt issues.
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FX Outlook
June 01, 2010 Posted by
After the blast of sharp risk reduction a couple of weeks ago, there has been a cautious reemergence of risk appetite by global investors in the commodity complex of AUD, NZD, CAD, NOK for currencies and with a little taste of gold on the side for "good luck."
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FX Outlook
May 26, 2010 Posted by
The euro finally rebounded last week after five weeks of consecutive losses. The currency gained after German lawmakers approved their country's contribution to a $750 billion bailout package, temporarily easing the concern of a Greek default.
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FX Outlook
May 18, 2010 Posted by
In general, Norway's economy has been shielded from the worst of the global credit crisis due primarily to its extensive oil wealth (world's sixth-largest oil exporter), strong labor sector, a housing market that that continues to hold up well and a mainland economy that is expected to continue expanding at a somewhat moderate pace in 2H 2010.
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FX Outlook
May 11, 2010 Posted by
Europe is in a very public way taking another step to try and outdo Japan as the most dysfunctional global economy. Lead by Monsieur Jean Claude Trichet , the European Central Bank head, scorned quantitative easing, thinking that their socialized economies were above succumbing to deflation.
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FX Outlook
May 04, 2010 Posted by
It is quite possible that the outcome of next week's UK parliamentary election could produce a split, non-majority government without parliamentary support needed to trim its budget deficit.
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FX Outlook
April 27, 2010 Posted by
A long time ago in a country far, far away I lived and worked amongst a people who were genuinely friendly, took pride in their education, and were skilled, productive and loyal workers.
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FX Outlook
April 20, 2010 Posted by

Foreign exchange risk affects companies in myriad ways: through overseas transactions, the conversion of one currency to another on the balance sheet or changes in a company's competitive position in the market.

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