ATF Trading Room

All Things Forex Trading Room: Does the U.S. Budget Deal Mean Stronger USD?

800pxUSDObstruction

As the news of a U.S. budget agreement that would set government spending levels until 2015 removes some of the roadblocks to a reduction of the Fed's monthly asset purchases, we ponder if the budget deal means a taper announcement and stronger USD...

 

All Things Forex Trading Room: Is a Correction of the EUR Gains Long Overdue?

The map of Europe on the face of a two Euro coin

With the EUR nearing its recently established highs for the year, we examine the seemingly unstoppable rally of the single currency and ponder if the upcoming Fed meeting on December 17-18 could trigger a price correction of the euro's gains against the USD...

 

Forex News

SNB Decision a Non-Event as Policy Makers Pledge to Maintain CHF Minimum Rate

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The Swiss National Bank announced its quarterly monetary policy decision this morning with no deviation from the central bank's commitment to defend the ceiling of 1.20 CHF per euro, while warning about a challenging situation for the economy...

 

US budget deal brings relief; Lloyds hit with record fine over bonuses

Capitol

Breakthrough in Washington between Democrats and Republicans could end the damaging cycle of "crisis-driven decision making" and avoid another shutdown next year. How the deal was announced- full story and analysts' reaction...

 
 

Forex Outlook

UK looks ill-prepared if a currency war breaks out

Currency Wars

With its linked trade and innovation deficits, the UK seems as unprepared for a currency war as it was for real war in 1939. Countries are trying to export deflation somewhere else, using currency manipulation to do so...

 

Why Australia should fear a US government default

Hurricane

In May, the US treasury was able to employ some “extraordinary measures” to keep borrowing. These measures run out on 17 October. If the USS America goes down, little HMAS Australia will find it tough not to get sucked into the vortex...

 

Forex Research

Bank of England flags up housing market concerns

Bank of england

Financial policy committee 'concerned about potential risks to financial stability' from possible housing bubble. Bank of England policy makers agree to "closely monitor housing market indicators covering house price affordability and sustainability"...

 

Construction and retail– perspectives on UK recovery

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While jobs growth and output are rising fast in the construction industry, retail offers a more mixed picture of the UK economy. Forecasting groups have modest expectations for growth in 2014: a 2% increase in GDP following 1.4% in 2013...

 

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