Monthly Archives: October 2012

Currency Spotlight –German Politics – October 29, 2012

For the euro to continue, German officials will attempt to implement policy changes to minimize pain to the German taxpayer. These changes however will not only need to be approved by the 17 members of the common currency, but also

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The Ultimate Trading Advantage Live Event – Oct 26th & 27th 2012

Photos from the Trading Advantage two-day live event. Guest Speaker Chris Gardner #informative #educational #inspiring #entertaining

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Currency Spotlight –UK Exits Double Dip Recession – October 26, 2012

The United Kingdom exited its double dip recession and the British pound rallied against all of its major trading partners. GDP grew 1.0% last quarter and exceeded expectations of a 0.6% rise. While most economists expected the UK to exit

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Currency Spotlight –Welcome Mr. Wheeler – October 25, 2012

Yesterday, no surprises came from the Federal Reserve and the FX markets remained relatively calm. The U.S. economy is still struggling, unemployment remains elevated, near zero interest rates will remain in play for the foreseeable future and QE infinity is

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Currency Spotlight –Turbulent Times for South Africa and the Rand – October 24, 2012

South Africa’s run of economic success is winding down and so is the rand. The poster child of a newly (since 1994) democratic and prosperous country is suffering from declining metal prices, wildcat strikes and severe job cuts. GDP is

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BOC Triggers Loonie Rally, CAD/JPY Play

The Canadian dollar, or loonie, rallied immediately after the Bank of Canada announced that it will consider removing stimulus to achieve their inflation target of 2.0%. The Canadian dollar may be the last G-7 currency that is positioned for a

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BOC Triggers Loonie Rally, CAD/JPY Play

The Canadian dollar, or loonie, rallied immediately after the Bank of Canada announced that it will consider removing stimulus to achieve their inflation target of 2.0%. The Canadian dollar may be the last G-7 currency that is positioned for a

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Currency Spotlight – Yen Weakens Regardless of Poor Exports– October 23, 2012

Despite terrible Japanese trade statistics, the Bank of Japan might be breathing a sigh of relief after the yen fell to the dollar for an eighth consecutive day. Any relief will be short-lived, as Japanese exports of goods to China

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Currency Spotlight –China’s Statistics Always Questioned – October 22, 2012

The FX market might not be buying this week’s economic statistics from China. The headline risk event for commodity currencies occurred on Wednesday when China told the world that Chinese economic activity is doing just fine. GDP expanded 7.4% in

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Currency Spotlight – Greece Should Become Argentina– October 19, 2012

Will Greece become the next Argentina? Optimism is growing that Greece will get its latest aid payment to avoid a default. Optimism however is not growing for 2012 being the 5th and last year of recession. Greece is not making

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