Category Archives: Forex For Beginners

Dollar Still on the Downside After Weak U.S. Data By Investing.com

© Reuters. Dollar remains broadly lower, U.S. data supports Investing.com – The dollar was still on the downside against other major currencies on Friday, after the release of disappointing U.S. manufacturing activity data and amid fresh concerns over U.S. tax reform plans. The New York Federal Reserve reported on Friday that its Empire State manufacturing index fell to in December from 19.4 the previous month, confounding expectations for a reading of 18.6. The greenback had already come under pressure after two U.S. Republican senators on Thursday to […]

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Britain’s Prince Harry and Meghan Markle to marry on May 19 By Reuters

© Reuters. Britain’s Prince Harry and Meghan Markle to marry on May 19 LONDON (Reuters) – Britain’s Prince Harry and his American fiancée, Meghan Markle, will marry on May 19 next year, Kensington Palace said on Friday. Queen Elizabeth’s grandson, fifth-in-line to the throne, and Markle, who stars in the U.S. TV legal drama “Suits”, announced their engagement last month with the marriage to take place at Windsor Castle. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily […]

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Bitcoin hits new record high as warnings grow By Reuters

© Reuters. Bitcoin hits new record high as warnings grow LONDON (Reuters) – blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns grew over the risks of investing in the highly volatile and speculative instrument. The cryptocurrency’s staggering price rises – more than 1,700 percent since the start of the year – have driven worries that the market is a bubble that could burst in spectacular fashion. Bitcoin has climbed more than 77 percent so far in […]

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What The Yield Curve Can Tell Us About The Boom-Bust Cycle

The central bank is not the root cause of the boom-bust cycle. The root cause is fractional reserve banking (the ability of banks to create money and credit out of nothing). The central bank’s effect on the cycle is to extend the booms, make the busts more severe and prevent the investment errors of the boom from being fully corrected prior to the start of the next cycle. Consequently, there are some important relationships between interest rates and the performance of the economy that would hold with […]

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Dollar Remains Moderately Lower in Cautious Trade By Investing.com

© Reuters. Dollar still on the downside as tax reform worries weigh Investing.com – The dollar remained moderately lower against other major currencies on Friday, amid fresh concerns over U.S. tax reform plans and as the Federal Reserve’s most recent policy statement continued to weigh. The greenback came under pressure after two U.S. Republican senators on Thursday to the proposed U.S. tax reform bill. The bill needs a simple majority to pass in the Senate, in which Republicans hold just 52 of the 100 seats. On Wednesday, […]

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What Happens To The Bond Bubble When Rates Normalize?

I believe 2018 will be the year inflation arrives. The reason, as I’ve noted throughout mid-2017, is that multiple Central Banks, particularly the European Central Bank (ECB), Bank of Japan (BoJ) and Swiss National Bank (SNB) have maintained emergency levels of QE and money printing, despite the fact that globally the economy is performing relatively well. All told, in 2017 alone, these Central Banks will printed over a $1.5 trillion in new money and funneled it into the financial system. This is an all-time record, representing even […]

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Dollar Slips Lower Amid Fresh U.S. Tax Reform Woes By Investing.com

Dollar loses ground on U.S. political concers, Fed still weighs Investing.com – The dollar slipped lower against other major currencies on Friday, amid fresh concerns over U.S. tax reform plans and as the Federal Reserve’s most recent policy statement continued to weigh. The greenback came under pressure after two U.S. Republican senators on Thursday to the proposed U.S. tax reform bill. The bill needs a simple majority to pass in the Senate, in which Republicans hold just 52 of the 100 seats. On Wednesday, the Fed raised […]

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Dollar Gains Against Yen After Tankan Survey Gives Upbeat Reading By Investing.com

Dollar dips in Asia Investing.com – The dollar eased against the yen in Asia on Friday as a key survey on Japan’s economy showed continued momentum. changed hands at 112.32, down 0.06%, while was nearly flat at 0.7668. Japan’s in December from three months ago, the Bank of Japan’s closely watched quarterly “tankan” survey showed on Friday, in a sign the economy is gathering momentum. The headline index for big manufacturers’ sentiment stood at plus 25 in December, and is expected to fall to plus 19 over […]

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Crude Oil Narrowly Mixed In Asia With Eyes On US Rig Count By Investing.com

© Reuters. Crude mixed in Asia Investing.com – Crude prices were narrowly mixed on Friday with weekly US rig count data ahead expected to set the tone. On the New York Mercantile Exchange crude futures for January delivery rose 0.18% to $57.14 a barrel, while on London’s Intercontinental Exchange, Brent slipped 0.11% to $63.34 a barrel. Overnight, prices settled higher on Thursday, shrugging off data forecasting a faster than expected rise in US shale oil production next year, while an ongoing pipeline shutdown supported Brent crude prices. […]

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PBOC Sets Yuan Parity At 6.6113 Against The Dollar By Investing.com

© Reuters. Yuan parity Investing.com – The People’s Bank of China set the yuan parity rate against the dollar at 6.6113 on Friday, compared to the previous close of 6.6095. The China Foreign Exchange Trade System sets the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation. The central bank allows the dollar/yuan rate to move no more than 2% above or below the central parity rate. Market watchers see a yuan level of 7 against the dollar, […]

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