Tag Archives: Currency war

Global Economy and the Financial System on the Cliff’s Edge?

11 Mar

The illusion of economic stability convinced most people that the great economic crisis of 2008 was exceeded. The truth is that it’s just beginning, and the next wave of crisis is very close. Europe is experiencing economic depression and is only a matter of time before the U.S. will follow.

Unemployment rate at high alert

20120731_EUYouthUnemployment_0Published last Friday, this index shows a new historic high in the euro area unemployment rate: 11.9%. In Italy it rose to peak last 21 years, while in Greece reached 27%. More worrying is the unemployment rate among young people under 25 years: in Greece and Spain is close to 60% and in Italy and Portugal is 40%.

Jobs crisis is a direct consequence of the global crisis of 2008 and may generate a political crisis. In general for each unemployed person three people have to suffer. For the euro area the real test is not the debt crisis, but how to avoid the consequences of high unemployment.
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How Do You Trade An Approaching Currency War?

29 Jan

By Tyler Yell, Trading Instructor at DailyFX

Article Summary: There is discussion about a possible run of major Central Banks to fight to debase their currencies and bolster their economy to new heights in 2013. This currency war has been seen with the Japanese Yen (JPY) of late and the Swiss Franc (CHF) since 2011. This fundamental story could lead to many more technical breakout trades in 2013 if the Currency War launches and the Yen’s big moves may be just the beginning. Continue reading

Are We In A Currency War?

4 Jan

In Japan, the new prime minister, Shinzo Abe, was put into office on a platform that was primarily based upon forcing the Bank of Japan to ramp up its stimulus efforts, indeed to run what amounts to unlimited easing until inflation hits a certain point (2%, in this case).What will happen when Japan kicks in with its own nuclear plans to drive down the yen, and Asia follows suit. Continue reading

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