9/15 DailyForex Fundamental Analysis

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. DailyForex Fundamental Analysis FOREX: Last Week In Perspective September 14, 2009 at 3:45 am Over the course of last week, all of the world’s major stock markets gained ground; reversing the trend of the previous week. In Europe, the FTSE put on 3.3% of its value, closing at 5011.4; the Dax gained ground to the tune of an impressive 4.45%, closing at 5624.02; the CAC made 3.8%, closing at 3734.89. "You've Never Had It So Good!" September 14, 2009 at 3:45 am The statement was made by UK Prime Minister Harold MacMillan in 1957 about the state of Britain’s post war economy. But you could well hear it from central bankers almost anywhere in the developed world these days, if they were talking about the cost of borrowing money. When I Do It, It's Counterfeiting; When They Do It, It's Quantitative Easing September 14, 2009 at 3:45 am At some time in childhood, most of us looked at a copying machine and asked our parents why, if we were short of cash (and most people were) we couldn’t just print some more money. Dollar Down; Crude Up And Greenspan States The Obvious! September 14, 2009 at 3:45 am The US Dollar closed at 1.4473 to the Euro; its lowest level this year. Crude oil is priced in US Dollars, so there is an air of inevitability about it that the price of crude would be heading in the opposite direction. Viva Las Vegas! September 14, 2009 at 3:45 am It is easy to lose sight of the human cost of the economic recession; down-turn – call it what you will. America is the world’s most affluent country and nowhere is much more glamorous or glitzy than the play-ground city of Las Vegas that springs up like a magic castle in the Nevada desert. Last Forex Week In Perspective September 14, 2009 at 3:45 am Over the course of last week, all of the world’s major stock markets lost ground. In Europe, the FTSE shed 1.17% of its value, closing at 4851.7; the Dax was down by 2.41%, closing at 5384.43; the CAC lost 2.56%, closing at 3598.76. In Japan, the Nikkei finished the trading week down by 3.29%, closing at 10187.1. Green Shoots of Recovery, or Another False Dawn? September 14, 2009 at 3:45 am Meeting in Frankfurt, Germany yesterday, the European Central Bank (ECB) decided to hold interest rates at their current level (1%). Japanese Unemployment Statistics Make Gloomy Reading September 14, 2009 at 3:45 am In most developed economies, an unemployment rate of 5.7% would be a source of pride. In Japan, the figure represents a record high and points to the depth of the recession affecting the country. The unemployment figures are the worst on record since World War II. Markets close lower on cautious trading September 14, 2009 at 3:45 am In early trading yesterday, the world’s major stock indices put on a little value, but by the close, all except for the Nikkei 225 were in negative territory. The Japanese index managed to hold onto its gains, closing up by 0.36% at 10530. Running With The Bulls: How Much More Does The Aussie Dollar Have In Store? September 14, 2009 at 3:45 am You don't have to be a master at forex analysis to realize that the strongest of the major currencies this year has been the Australian Dollar. The bullish ways of the Aussie Dollar aren't all that surprising, at least from a fundamental standpoint.   This email was sent to sarkono1@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.