Tuesday, December 23, 2008
The Canadian dollar
could face increase selling pressures over the next 24 hours of trading
as market participants forecast GDP to contract 0.3% in October. Growth
prospects for the world’s eighth largest economy have weakened
considerably throughout the fourth quarter as firms cutback on
employment and reduced spending.
Trading the News: Canadian Gross Domestic Product
What’s Expected... [read more]
Thursday, December 18, 2008
Technical analysis
is being used for the prediction of market movements (that is
alterations in currencies prices, volumes and open interests) outgoing
from the information obtained for the past. The main instruments of the
technical analysis are different kinds of charts, which represent
currencies price change during a certain time preceding exchange deals,
as well as technical indicators.... [read more]
Saturday, December 13, 2008
Economic issues will dominate inaugural summit between Japan, SKorea, ChinaThe leaders of Japan, China and South Korea will discuss currency swaps, territorial issues and the global financial crunch when they sit down for their first trilateral summit.The
one-day summit, to be held on Saturday in the southern Japan city of
Fukuoka, was expected to be broad-ranging. But officials said Friday
that... [read more]
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