FOREXLEARNING

Japan sees G7 “understanding” on forex action »

By Tetsushi Kajimoto
MARSEILLE, France | Sat Sep 10, 2011 3:51am EDT

MARSEILLE, France (Reuters) – The yen took a back seat at the Group of Seven finance ministers’ meeting, which grappled with Europe’s debt crisis and global economic slowdown, but Japan said it met little resistance to [...]

U.S. demands action from Europe’s strongest at G7 »

By Catherine Bremer and Tetsushi Kajimoto
MARSEILLE, France | Fri Sep 9, 2011 10:51am EDT

MARSEILLE, France (Reuters) – The United States pressed Europe’s strongest economies on Friday to give “unequivocal” financial support to weaker euro zone states to overcome a debt crisis that threatens the world economy.

“It [...]

Euro slides from 6 1/2-month high »

The European common currency stopped its rally for three consecutive weeks against the dollar after touching 6 1/2-month high earlier today, while it also retreated against other majors on renewed debt concerns.
Financial Times said the Irish budget deficit for 2010 will be higher than the latest estimates, while Nobel Prize-winning economist Joseph Stiglitz said European [...]

U.S. Pending Home Sales and Factory Orders Show Stable U.S. Economy »

U.S. Pending Home Sales and Factory Orders Show Stable U.S. Economy
The following is a summary of the main economic events of October 4th, 2010:

U.S. pending home sales climb 4.3% in August, better than the +2.5% expected. The July reading is revised lower to +4.5% from 5.2%. USD gains.
U.S. factory orders fall 0.5% in August compared [...]

Dollar under attack »

Signs that Europe is in less need of a further round of quantitative easing sparked a rally for the euro and pound, while shattering the potential for a rebound in the dollar. Changes in the Bank of Japan’s operations also appear to have failed to stem a flight into the rising yen once again leaving [...]

Money Printing »

It was a day of surprises on Tuesday as the Bank of Japan (BoJ) not only created a JPY 5 trillion fund to buy domestic assets including JGBs but also cut interest rates to zero. Expect more measures to come in the fight against a stronger JPY and deflation. The Reserve Bank of Australia (RBA) [...]

HICP ex tobacco should print at 1.7% yoy »

The flash estimate for eurozone September HICP showed an acceleration to 1.8% yoy vs. the previous 1.6%, in line with our and consensus expectations. This is the highest yoy reading since November 2008, and is consistent with a 0.2% price increase on a monthly basis. HICP ex tobacco should print at 1.7% yoy.

We expect [...]

Risk appetite fades over speculation of weaker housing market in US »

Market Brief
The JPY advanced against all 16 major counterparts before reports this week forecast to show US existing home sales fell and Japan’s export growth slowed in July. Australia’s currency weakened after the election failed to deliver a majority government for the first time in 70 years. The EURUSD traded near a five-week low [...]

Daily Forex Overview »

Previous session overview
The yen rose against the dollar in Asia Monday as Japan’s prime minister and top central banker limited their dialogue on foreign-exchange matters to a telephone conversation. This lead investors to think that Tokyo may not take immediate action to tame the yen’s recent strength.
Bank of Japan Gov. Masaaki Shirakawa and [...]

The expansion of Taiwan’s growth during the second quarter of the year based on exports »

The Taiwan’s economy has witnessed unexpected high growth levels during the second quarter of this year, after Taiwan’s exports surpassed the global financial crisis benefiting from the increase on demand from the Chinese economy and the whole Asian region. This shows the degree of flexibility in the Taiwan’s economy and it’s position standing up to [...]