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How To Trade The Pound Going Forward
Monday, July 18, 2016 - 4:23pm | 1013It was unsurprising that the UK’s decision to leave the European Union was followed by a 10 percent slide in the pound, as both political and economic uncertainties had shaken markets. In addition, the Bank of England’s dovish guidance for monetary policy moved the pound even lower....
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SocGen's 3 Ways To Play A Brexit
Wednesday, March 9, 2016 - 3:15pm | 351In a new report, Societe Generale analyst Roland Kaloyan discussed how investors should trade the possibility of a British exit from the eurozone. Societe General has three portfolio protection strategies that it is recommending ahead of the referendum vote. 1. Buy SG Cable Basket Of Stocks The...
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These Currency Hedged ETFs Could Enjoy 2016
Monday, December 7, 2015 - 10:34am | 722Broadly speaking, this has been a banner year for currency hedged exchange-traded funds. If they were not already, currency hedged ETFs have gone mainstream thanks in large part to the fact that no ETFs have matched the asset-gathering proficiency of the WisdomTree Inter Hedged Eq Fund (NYSE: HEDJ...
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How Low Can China Go? More Downside Possible If This Happens (And Here's A Way To Play It)
Saturday, December 5, 2015 - 2:19pm | 757The IMF recently announced that the Chinese RMB would be the fifth currency included in the SDR (Special Drawing Right) basket. The currency will be given a weight of 10.92 percent in the SDR. In a recent report, UBS analysts shared a look into how this decision impacts liquidity and the overall...
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GBP/USD Little Changed
Friday, July 24, 2015 - 1:00pm | 54GBP/USD is trading at 1.5510, down 0.0007. The pair is rangebound and steady during afternoon U.S. forex trading on Friday. Market chatter about U.K. GDP data due out on Tuesday is making the rounds. Market chatter about U.S. data and volatility in global equity markets has kept both buyers and...
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GBP/USD Little Lower
Wednesday, March 11, 2015 - 7:10am | 65GBP/USD is trading a little lower Wednesday morning at 1.5057, down 0.0020. Trading is active and mildly weak. U.K. Manufacturing Production was down 0.1 percent month-on-month versus estimates for a 0.2 percent gain. On a year-over-year basis, the report showed a gain of 1.9 percent versus the...
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Despite Inflation, BoE May Buy Bonds, Bernanke to Follow?
Wednesday, June 22, 2011 - 12:15pm | 599On Wednesday, the Bank of England's minutes showed that policy makers were considering additional bond purchases as the British economy continues to struggle. The Bank of England's Monetary Policy Committee voted 8-1 to maintain the bond-purchase program at 200 billion pounds, Bloomberg reported...
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GBP Benefitting from Forex Traders Retreat from Euro?
Monday, June 20, 2011 - 1:56pm | 426The British Pound may have finally gotten a break today, as the currency opened at 1.6177, up from its low of 1.6105 last week but still down from 1.6384 on June 14th. The GBP/USD had been falling last week, perhaps due to concerns about declining inflation in the U.K. and a struggling British...
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Shakeup in Euro Strengthens USD, CHF; Traders Await Meeting in July
Monday, June 20, 2011 - 12:05pm | 661The euro is struggling as fears of Greek debt threaten to outweigh the EUR/USD gains from last week. Currently the EUR/USD is near 1.4317, up from 1.4315 on Friday. Fears regarding Greece's debt burden have been especially heightened following the recent meeting in Luxembourg. At the meeting, EU...
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Foreign Exchange To Have Mild Benefits
Friday, July 2, 2010 - 3:35pm | 115Piper Jaffray has released its report covering the Medical Diagnostics sector. Its Forex analysis has suggested a 0.3% y-o-y USD weakening. It has also predicted -2.0% sequential strengthening of USD vs. its weighted basket of currencies, which consists of 51% USD and 49% OUS. For ‘unhedged’...
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Top 5 Graphs: Are inflation risks rising in developed economies?
Friday, April 23, 2010 - 5:03pm | 1421Are upside inflation risks rising in developed economies? That's one question we look at in this week's edition. First up is a synopsis of the UK GDP figures, then a look at rising British inflation, the Bank of Canada decision and inflation rate, the surge in US producer prices, and a look at New...
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Top 5 Graphs: Are inflation risks rising in developed economies?
Friday, April 23, 2010 - 5:03pm | 1421Are upside inflation risks rising in developed economies? That's one question we look at in this week's edition. First up is a synopsis of the UK GDP figures, then a look at rising British inflation, the Bank of Canada decision and inflation rate, the surge in US producer prices, and a look at New...
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Forexpros Daily Analysis Jan 11, 2009
Monday, January 11, 2010 - 6:58am | 157Fundamental Analysis: Trade Balance The Trade Balance index will be published tomorrow (Jan 12) in the US, Britain and Canada. The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports). This is the largest component of a country’s balance...
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THE Biggest Trends in 2010
Monday, January 4, 2010 - 9:18am | 939The economy will continue to be the biggest story in 2010. In a macro context, will countries around the globe continue to grow? Will people make more money? Will people with money continue to save and invest that money? We have seen GDP growth in recession stricken countries like the United...
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Will USD Weaken Into The New Year | StockTwits FX
Sunday, December 27, 2009 - 11:27pm | 76Will USD Weaken Into The New Year | StockTwits FX: My article for StockTwits at the beginning of the last trading week of 2009. It presents a contrarian view to the current down trend in the GBP/USD. Although I am a long term GBP/USD bear, I also see several technical developments that point to a...