As reported by «Market Leader» (US)
British Pound sees downtrend
As reported by «Market Leader» (US)
As reported by «Market Leader» (US)
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As reported by «Market Leader» (US)
As reported by «Market Leader» (US)
As reported by «Market Leader» (US)
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
Last week was marked by the scheduled meeting of the US Fed. Its outcome was expected with some degree of unease. The tension was caused by uncertainty over parameters of the notorious ‘quantitative easing’ for the near term. US economy’s fate depended on the Fed's decision to a large degree – whether it is in for another cycle of crisis or it can be safely evaded and, as a result, how the dollar dynamics will evolve and export and import flows further develop.
It turns out the concerns were unnecessary – it all finished as usual, in a commonplace manner – they decided to turn on the money press and print as many billions as they need to save the American economy another time. Of course, the US government has a wealth of experience of ‘color print’ but the current situation is delicate in the way that such measures are usually taken in a critical position though it isn’t that extreme now.
As reported by «Market Leader» (US)
As reported by «Market Leader» (US)
Recently the financial world has been demonstrating quite a bad tendency – the world’s major currency, the US dollar, is being ‘capricious’. Its behavior is increasingly unpredictable. The instability of the American dollar (which is now rapidly depreciating against other global currencies) is not based on objective reasons alone. According to some experts, such ‘whims’ are caused to some degree by the US Government’s manipulations with the dollar. Despite its statements that it will not be involved in possible currency wars it in fact drastically responds to some countries’ willingness to depreciate their own currencies. This situation might change after the US Fed publishes exact data on quantitative mitigation which can be carried out in terms of volumes and terms in a few stages which the Fed can modify at each step of the program depending on the then current situation in domestic and foreign markets.
As it was informed by "Market Leader (US)"
People have already started to gradually forget about the crisis.
US banks are showing stability, the rivalry is getting weaker. However, according to the reports of some broking agencies, the situation is not as favorable as it seems to be. All that semblance of stability is made at the expense of the funds allocated for bad debts. The Wall Street is still working professionally, however it cannot influence all the changes. There are even suppositions: “The things, which are bad for the Wall Street, are good for the entire economy”. The US has created a “soap bubble of prosperity” while the Wall Street has to pay for it.As it was informed by "Market Leader (US)"
In October one of the British citizens was lucky enough to win the “Euro million” lottery jackpot to the sum of 129 million euro. Now he is able to solve all his financial problems, which cannot be said about Great Britain as a whole.
The British government can only boast its 2nd strategic overview. The authors had a difficult task – to formulate the country’s development strategy while the government is trying to reduce the budget deficit.
The 3 main parts of the document explain the place of GB in the modern world and the most “harmonious” ways of surviving crises. The existing threats to the national security are also mentioned there.
As reported by «Market Leader» (US)
Over the last few days the common European currency has made a consolidation effort, updating the local high at 1.4010. Today’s trading session may indicate whether the indefinite movement will turn into a flattish pattern within the 1.3878 – 1.3920 range or EURUSD will manage to conquer new heights, forming a solid bullish impulse.
This week’s market movements can be influenced by FOMC meeting minutes, which are to be released on Nov 3rd at 19.15GMT.