New Zealand Dollar Killed by RBNZ Rate Decision

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The Reserve Bank of New Zealand decided to cut rates by an additional 50bp today to a record low of 2.5 percent, resulting in an instantaneous sell-off in the New Zealand dollar. Perhaps more telling than the rate cut itself was the RBNZ’s statements regarding the health of their economy. RBNZ Governor Alan Bollard announced that there is a real...

Tuesday, February 15, 2011 by Toolib · 0 komentar

Consumer confidence soars in April

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NEW YORK – Hopeful signs that the worst may be over for the economy boosted Americans’ moods in April, sending a closely watched barometer of sentiment to the highest level since November. The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose more than 12 points to 39.2, up from a revised 26.9 in March. The reading...

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Dollar Shoots Higher as Fed Grows Less Pessimistic

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The Federal Reserve has grown less pessimistic, driving the U.S. dollar higher against all of the major currencies. As we expected, the U.S. central bank did not expand their asset purchase program and left their target interest rate unchanged at 0 – 0.25 percent. It is extremely important that the Fed went out of their way to say that the pace...

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U.S. jobs data a stress test of its own

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NEW YORK (Reuters) – The U.S. government will release the findings on bank stress tests this week, and data expected to show another month of crushing job losses will also test emerging optimism on global economic prospects. World stock markets have been surging for two months, a rally predicated on the notion that the pace of U.S. economic contraction...

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What Is Forex Trading?

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Forex trading is nothing more than direct access trading of different types of foreign currencies. In the past, foreign exchange trading was mostly limited to large banks and institutional traders. However recent technological advancements have made it so that small traders can also take advantage of the many benefits of forex trading just by using...

Sunday, February 13, 2011 by Toolib · 0 komentar

Investing in Forex

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Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people are aware of this market than there are people aware of several other avenues of investing. Trading foreign currency, also known as forex, is the most lucrative investment market that exists. There are several factors that make this true among...

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Advantages of the Forex Market

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What are the advantages of the Forex Market over other types of investments? When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments...

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