Economy Blogs (& some Politics!)
More Blogs
Start Point...
The foreign exchange (currency or FX) market is where currency trading takes place.
FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another.
The Foreign Exchange Market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.
| Forex Blog Updated : Tue, 07 Sep 2010 18:09:06 +0000 CFTC Passes New Retail Forex Guidelines I have been covering the US Commodity Future Trading Commission’s (CFTC) efforts to revamp the regulatory structure that governs forex, since it was unveiled earlier this year. On August 30, the CFTC formally published the “final regulations concerning off-exchange retail foreign currency transactions. The rules implement provisions of the Dodd-Frank Wall Street Reform and Consumer [...] Publ.Date : Tue, 07 Sep 2010 18:08:44 +0000 Australia Dollar Ebbs and Flows with Risk If you chart the course of the Australian Dollar over the last twelve months alongside the S&P 500, the overlap is jarring. You can see from the chart below that the two lines zig and zag in almost perfect unison. It would seem that there was a slight break in the second quarter of 2010, [...] Publ.Date : Sun, 05 Sep 2010 05:32:12 +0000 Trading In Emerging/Exotic Currencies Increases The long wait is over! The Bank of International Settlements (BIS) has just released the results from its Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity, conducted in April 2010. The report contains a veritable treasure trove of data, perhaps enough to keep analysts busy until the next report is released in [...] Publ.Date : Thu, 02 Sep 2010 19:47:18 +0000 Chinese Yuan has Hardly Budged The frequency of my reports on the Chinese Yuan is admittedly much higher than it used to be. Why? Call it disbelief. More than two months have passed since China revalued its currency, and after a rapid 1% appreciation, the RMB has actually fallen back. Today, it stands only .5% higher against the Dollar compared [...] Publ.Date : Tue, 31 Aug 2010 06:48:36 +0000 Emerging Market Currencies Flat in 2010 The recovery that emerging markets (their economies and financial markets) have staged since the lows of 2008 is impressive. In most corners of the financial markets, all of the losses have been erased, and securities/currencies are trading only slightly below there pre-credit crisis levels. Even compared to twelve months ago, in 2009, the performance of [...] Publ.Date : Mon, 30 Aug 2010 04:43:46 +0000 Increase Online Traffic |