Currency Market Updates

A Very Typical Thanksgiving Day Holiday

A Very Typical Thanksgiving Day Holiday …..
… in terms of volumes and liquidity left us trading very tight ranges yesterday and with tradition dictating an early close today in the US equity markets and with a lot of the rest of the workforce extending the holiday into the weekend, we are destined for another quiet [...]

Thanksgiving Day Holiday in the US

Thanksgiving Day Holiday in the US …
… will leave the markets desperately thin this afternoon with complete closure of their fixed interest and equity markets plus there being no Dollar cash settlement today.
Yesterday saw a bit of an up and down day on the stock markets with the US indices ending higher at the close [...]

Global Inflation Continues to Spiral Lower

Global Inflation Continues to Spiral Lower…
… provoking further Central Bank monetary easing, next week. Data scheduled to be released today/tomorrow from the German states followed by the figure for the country as a whole, are expected to show a further profound slowdown in perceived inflation. The overall figure is expected to show a fall in [...]

Well, I Don't Feel Any Better Off

Well, I Don’t Feel Any Better Off …..
The Chancellor duly delivered his pre-Budget Statement to an enthralled world and largely produced what had been anticipated. The known factors are worrying enough, the unknown components of the cure will keep economists employed for years to come, pontificating the why’s and the wherefore’s. An interesting quote within [...]

Fiscal Stimulus starts here ……..

Fiscal Stimulus starts here 
For those of you who have been away on a desert island for the past few weeks, today sees the UK Chancellor unveil his Kick Start for the economy thinly disguised as his pre-Budget Statement. It is difficult to ascertain just how much of the recent press coverage is actual and how [...]

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