Switzerland is one of the richest countries in the world, and while its economic policies and practices largely conform with EU standards, the country's population rejected accession negotiations with the EU in March of 2001. So, at least for the foreseeable future, the Swiss Franc is expected to remain one of the world's most actively traded currencies, with two dominating features that are important to us as forex traders. Although ...
There are two dominant themes that it is important to understand when analyzing the Canadian Dollar from a fundamental standpoint. The first, as its designation as a commodity currency implies, is the fact that exports of natural resources (especially gold and oil) make up a significant part of the Canadian economy. This is important to understand because as Canada is the world's 14th largest producer of oil and 5th largest producer of gold, the price of these and other commodities normally has ...
The euro shouldn’t be kicking around U.S. companies’ earnings any more. It caught fire on Thursday, jumping 1.8% against the dollar after the European Central Bank announced a fresh round of stimulus measures while playing down the potential for more rate cuts. That caught traders who had forecast a widening divergence between ECB and Federal Reserve policies off guard, making for a violent swing. ...
2016-02-02 13:53 GMT | [NZD - GDT Price Index] past data is -1.4%forecast data is n/aactual data is -7.4% according to the latest press release if actual > forecast (or previous one) = good for currency (for NZD in our case) [NZD - GDT Price Index] = Change in the average price of dairy products sold at auction. It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income. ...
2015-12-18 13:30 GMT | [CAD - CPI] past data is 0.1%forecast data is 0.1%actual data is -0.1% according to the latest press release if actual > forecast (or previous one) = good for currency (for CAD in our case) [CAD - CPI]= Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out ...
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