November 30th, 2008 by
The economic situation in Indonesia is similiar to that of several other emerging market economies, characterized by falling export revenue, shrinking government coffers, and capital flight. The consequent decline in the Indonesia Rupiah has almost become self-fulfilling. In other words, as skittish investors rush to move their capital out of Indonesia for fear of complete collapse, they are simultaneously making such a collapse more likely. Indonesian policy-makers are conscious of this tendency of nervousness to feed back into itself, and are delicately trying to avoid shocking the markets. On the one hand, they want to limit the decline of the Rupiah. On the other hand, they don’t want to take actions that will make investors nervous, even if it means making it more difficult for them to short the currency. The International Herald Tribune reports:
Last week, Indonesia changed its currency rules to make it more difficult to buy foreign exchange. The measures, mostly affecting Indonesians rather than foreigners, would make speculative bets against rupiah depreciation more difficult.
Read More: Indonesia undergoing currency crisis
Here is the original:
Indonesian Rupiah Faces Collapse
Posted in Foreign Exchange | No Comments »
November 29th, 2008 by
There are many opportunities available with stock option day trading, it can be a great way to earn some extra cash if you are following the right strategies and trading tips. You may have heard mixed reviews about stock option day trading that leave you wondering if it is a good idea or not, and some people will even tell you it is a bad practice to get yourself involved in.
See the original post here:
Stock Option Day Trading - Is Day Trading Stock a Bad Strategy?
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
US Dollar Bound to See Weak ISM, NFP Results - What Impact Will They Have? Euro Balancing The Influence Of Bailouts And An Expected ECB Rate Cut Japanese…
Excerpted from:
Forex Trading Weekly Forecast - November 28, 2008
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
A steady stream of disappointing economic data added further gloom to British economic forecasts, and the general mood remains dour for the British Pound….
Read more:
British Pound Outlook Remains Bearish Ahead of Bank of England Cuts
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
The Canadian Dollar fought back against the greenback as the bailout of Citigroup and new efforts by the Fed to support consumer lending gave a boost to…
Excerpt from:
Canadian Dollar May Fall As Labor Market Weakens
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
Forex traders may see the Japanese Yen lose ground as seasonal forces take hold of the financial markets on approach to the end of the calendar year.
Original post:
Japanese Yen May Fall As Seasonal Forces Grip the Forex Market
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
The euro is at a cross roads and the US dollar is a perfect fundamental and technical counterpart for the single currency. Risk trends, growth, interest…
See the original post:
Euro Balancing The Influence Of Bailouts And An Expected ECB Rate Cut
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
The US dollar generally ended the week lower across the majors, but lacked the momentum to yield the breakouts expected amidst the low volume trading typical…
Go here to read the rest:
US Dollar Bound to See Weak ISM, NFP Results - What Impact Will They Have?
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
- Euro Outlook Hinges Upon Key European Central Bank Rate Decision on December 4 - British Pound Under Pressure as Markets Forecast 100bp Cut by the Bank…
Read the original post:
US Dollar Gains, But Fails to Recoup Week’s Losses - US ISM Reports, NFPs Bound to Shake Things Up
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
The long holiday weekend for the US markets has clearly curbed activity in the dollar and to some degree the entire currency market. However, for all intents…
View original here:
Rate Decisions And Bailout Details May Help Determine Risk Appetite And Carry Trade Trends
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
Thin liquidity over these past two trading sessions hasn’t generated much volatility, nor has it produced the necessary drive for breakouts. This is fortunate…
Here is the original post:
The Last Chance For A AUDCAD Range Setup?
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
EURUSD – Euro Forecast to Decline Further Against US Dollar on Forex Positioning USDJPY – Japanese Yen Likely to Continue Higher Through Short-Term Trading
Original post:
US Dollar Forecast to Rally Against Euro, Drop Against Yen
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
The Japanese industrial production slid 3.1% in October, manufactures predict record cuts ahead, increasing the fears from a deep and prolong recession
The rest is here:
The Yen Hold Firm against the Dollar
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
Current Yesterday USD 1.16250 0.98750 GBP 3.01250 3.00000 EUR 2.94375 2.90375 JPY 0.59375 0.55625 CHF 0.53833 0.52500 AUD 5.18750 5.17500 CAD 2.50000 2.44167 NZD 6.68750 6.86250
See the original post here:
Overnight Interest Rate Update 11.28.08
Posted in Foreign Exchange | No Comments »
November 28th, 2008 by
The Euro fell over 100 bps as easing inflation numbers increased the potential for more easing from the ECB. The single currency would reach as high as…
Continued here:
Euro Falls as Easing Inflation Lowers Interest Rate Expectations
Posted in Foreign Exchange | No Comments »