Posts tagged Euro
How Does The JPY Yen To USD Effectively Affect The Global Economic Outlook
0As the markets adjust to the minute by minute updates concerning the Euro, the jpy yen to usd value is affected. The US dollar was softer earlier this week due to an enormous degree of optimism by traders looking to gain higher yields in the market. Since we are all inherently optimists the markets are very ready to read optimism into the mix and the dollar has responded by strengthening slightly against the high beta currencies. (more…)
Getting Tips For The Forex Investment Platform
1The Forex investment platform is considered by many to be the ultimate way to gamble and invest money. The Forex trading is based upon global currency and its value from day to day. There are a number of signals that can be used to learn more about whether a particular currency is going to go higher or lower than it currently is. These signals are then used to make an investment or sell off currency to avoid losing money. (more…)
Currency Conversions | Six Popular In The Market Today
2The largest market for trading currencies is the forex market. Millions of dollars are traded every day. Beginning traders need to know five steps when trading the most common currency conversions and what their uses are. The next step is for the traders to know the characteristics of the six most popular currencies. (more…)
What is a Pip - Not All Pip's Are The Same
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In today’s world we see the word “PIP” used in several places, so what is a PIP you might ask? Shopping for televisions you will understand it as a “Picture-In a “Picture”. With some fruits such as apples and pears, you will find it used to represent the seed or pit. But what is a pip in Forex trading?
In our business it represents “Percentage-In-Point.” and is used to quantify a currency rate to a very detailed and small amount well below whole numbers. Different currencies are traded around the world and using this system helps equalize each currency against the other for much more accurate measurement. (more…)
Forex Currency Majors | Yen | USD | Euro
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The currency market has remained the world’s largest and most liquid market, with trading running into trillions of dollar daily; anyone can get involved and start making money off this market, especially when trading the Yen, USD and Euro. For the newbies who are just getting started in the market, it is essential that they get acquainted with trading terminologies as their popular uses cuts across various fields. This article looks at various currency majors that investors should keenly observe. (more…)
Forex forecast - The week in Currency for the Euro
2Forex forecast
USD – It has been another roller coaster week with quickly altering sentiment and poor economic data in the United States. The passing from the Greek confidence election provided a brief sigh of relief with poor data from China and also the Euro. Other setbacks in US unemployed claims, pressed sentiment down again. (more…)
Forex Market Today
1EUR
The Greek confidence election looks susceptible to pass tonight, and could create passage within the budget bill right before the final outcome of June. Although this should really be considered a knee jerk positive for the EUR, the worry is that because this allows the following tranche in the present bailout to be compensated out, it’ll slow up the emergency for pretty much any new bailout agreed by early this summer season. So ultimately we should understand the events risk from tonight’s Greek election as a relatively small one. I am concerned that getting less EU action could mean any EUR rally is short. Selling pressure will rapidly emerge most likely because the current plan including ‘voluntary’ rollovers will be viewed as being a default by rankings agencies. (more…)
An FX technicality
0While we can understand traders’ behavior from a bottom up perspective, for the Euro to be in an uptrend while default is pending is a strange and probably unprecedented outcome in forex history. [ad code = 3]
Consider the Icelandic krona (ISK) in the picture. This is the historically normal response to default — devaluation. Technically it was Icelandic banks that defaulted and not the sovereign, but never mind — from Argentina to Russia, default is supposed to bring devaluation. (more…)
Good default and bad default
0Good default and bad default
Why did the Euro fall out of favor with traders over Greece but not when another two countries joined Greece in the bailout club, and amidst universal criticism of Eurozone institutions for their inadequate response (i.e., just kicking the can down the road instead of actually resolving structural issues)? Let’s not point to relative interest rates — the Fed did not announce its second round of quantitative easing (QE2) until November 2010 and the ECB did not hike rates until April 2011. (more…)
