Australia seems to be the odd man out these days - the only major economy not in recession
Australian Dollar Rate OutlookAustralia Dollar seems to be the odd man out these days - the only major economy not in...
created by Damian George | 39 wks ago | updated 39 wks ago 185 views | 1 recommendation | 3 comments
Reserve Bank of Australia left rates unchanged at 3.25%
Australian Dollar Rate OutlookRBA: The Reserve Bank of Australia left rates unchanged at 3.25% Tuesday call.Comments from RBA Governor Stevens:"Demand has...
Australian Dollar - one Senator in Australia’s Parliament derailed the A$42 billion stimulus package
Foreign Exchange - Australian Dollar OutlookIn a shocking development - almost as shocking as the news that...
Foreign Exchange - Global Currency Outlook
Pounds to US Dollar rate rallies as things are worse elsewhere For stock markets to rally, even a little, on hope of an okay payrolls number and an acceptable Geithner plan is the triumph of hope over experience. The reduction in...
Australian Dollar Exchange Rate Falls Foreign Exchange - Australian Dollar Currency Update
Yesterday it was obvious on the hourly charts that some currencies had fallen too far, too fast and in too...
opinion by Damian George | 46 wks ago | updated 46 wks ago 148 views | 0 recommendations | 0 comments
Australia and New Zealand Dollar, the prospect of rate cuts is currency-negative this time. Foreign Exchange Outlook : As we have been emphasizing, one major reason for the US dollars firmness during this crisis is "it's worse elsewhere," making the dollar a safe haven. The...
Australian Dollar falls than goes up and than goes down than it goes up Hi AllAustralian Dollar falls, than goes up and then goes down, then it goes up and i am now getting very confused!!!Today the pounds to...
created by Damian George | 1 year ago | updated 1 year ago 130 views | 1 recommendation | 0 comments
Bank of England will cut interest rates to 2.5% at the Dec 4 policy meeting Pound Sterling Exchange Rate Outlook : GDP fell 0.5% in Q3 from Q2, the fist drop in 16 years, although as expected. Consumer spending led the way, down 0.2% (the most since 1995) and fixed...
Spanish and French Interest Rates to Fall by 1 percent? Euro Exchange Rate Outlook : The IFO Nov index of the business climate fell more than forecast to 85.8 from 90.2 in Oct, the lowest in nearly 16 years (Feb 1993). The “current assessment” fell to 94.8 from 99.9 in...
Foreign Exchange Outlook for the Pound Sterling Foreign Exchange Outlook for the Pound Sterling : PM Brown has said monetary policy is not the only tool and it’s time to engage fiscal policy. The FT has a hysterical headline about Chancellor of the Exchequer Darling...
Australian Dollar Exchange Rate Falls Hi All,Today had to be one of the worst days yet for the Australian Dollar after crashing by more than 4% in little over 4 hours. The pounds to Australian dollar exchange rate was last at 2.4300 after opening at 2.3300 this morning. The...
US dollar exchange rate is a little stronger against the pound and euro Foreign Exchange Outlook : The US dollar exchange rate is a little stronger against the majors but continuing to slide against the japanese yen, albeit not yet to the crash-scenario level. The euro rose...
ECB expected to cut interest rates tomorrow Foreign Exchange Technical Analyst Outlook : The move in the Canadian dollar is starting to look like a reversal move, even though we don’t have a moving average crossover (which lags). Momentum, breaking the old low and other...
Foreign Exchange Outlook Foreign Exchange Outlook : The US dollar has two big black clouds hanging over it. First is the election and then there is payrolls.Today the US election is everything. If it’s an Obama landslide and/or if there is no dispute over the fairness of...
UK interest rates need to fall a lot and need to fall soon to avert a deep and lasting recession Bank of England policy member Blanchflower said UK interest rates need to fall a lot and need to fall soon to avert a deep and lasting recession. Blanchflower has been the sole...