Author Archives: Trading Advantage

The value of the dollar in foreign exchange markets has been rising for several weeks, and is now at its highest level in 4 years. This flies in the face of many Fed critics who have been predicting its policies during this period would destroy the dollar’s place as a reserve currency, with dire…

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Does the Rally In the Dollar Have Long Legs?

Lloyds Banking Group has fired eight staff and withheld £3m of bonuses following their “unacceptable” actions which led to the bailed out bank being fined for Libor rigging. As a result of the £226m penalties for manipulating the benchmark interest rate, Lloyds also indicated that its entire bonu…

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Lloyds fires staff and axes bonuses for Libor rigging

Thank you. I would like to thank the National Association for Business Economics (NABE) for inviting me to speak this morning. The organizers of this annual meeting were farsighted in arranging the conference around the theme of long-term strategies. As the many excellent speakers make clear…

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Evans: Is It Time to Return to Business-As-Usual Monetary Policy? A Case for Patience

Thank you. I would like to thank the National Association for Business Economics (NABE) for inviting me to speak this morning. The organizers of this annual meeting were farsighted in arranging the conference around the theme of long-term strategies. As the many excellent speakers make clear…

See more here: 
Evans: Is It Time to Return to Business-As-Usual Monetary Policy? A Case for Patience

The pound has been under downward pressure against the US dollar in recent weeks relative to the last twelve months. This has been due to a moderation in some fundamental macro data and uncertainty surrounding political developments following the Scottish referendum and the general election in May…

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Data to Determine Sterling’s Curve This Week

The pound has been under downward pressure against the US dollar in recent weeks relative to the last twelve months. This has been due to a moderation in some fundamental macro data and uncertainty surrounding political developments following the Scottish referendum and the general election in May…

See more here: 
Data to Determine Sterling’s Curve This Week

Consumer spending in the U.S. rebounded in August as further job gains encouraged households to loosen their purse strings. Purchases increased 0.5 percent last month after little change in July, Commerce Department figures showed today in Washington. The median forecast of economists in a Bloom…

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Consumer Spending in U.S. Rose 0.5% in August as Incomes Climbed

Consumer spending in the U.S. rebounded in August as further job gains encouraged households to loosen their purse strings. Purchases increased 0.5 percent last month after little change in July, Commerce Department figures showed today in Washington. The median forecast of economists in a Bloom…

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Consumer Spending in U.S. Rose 0.5% in August as Incomes Climbed

Personal income increased $47.3 billion, or 0.3 percent, and disposable personal income (DPI) increased $35.2 billion, or 0.3 percent, in August, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $57.5 billion, or 0.5 percent. In July, personal incom…

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US Personal Income and Outlays, August 2014

Personal income increased $47.3 billion, or 0.3 percent, and disposable personal income (DPI) increased $35.2 billion, or 0.3 percent, in August, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $57.5 billion, or 0.5 percent. In July, personal incom…

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US Personal Income and Outlays, August 2014

The inflation rate in Germany as measured by the consumer price index is expected to stand at 0.8% in September 2014, thus remaining on a low level. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to remain unchanged…

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German consumer prices in September 2014: expected rise of +0.8% on September 2013

The inflation rate in Germany as measured by the consumer price index is expected to stand at 0.8% in September 2014, thus remaining on a low level. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to remain unchanged…

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German consumer prices in September 2014: expected rise of +0.8% on September 2013

‘Volatility’ is the forex investor’s greatest allie. In the month of September, there has been no let up from this key variable that had been missing during the G8 Central Bank “lower for longer” interest rate stretch over the past two-years. Volatility provides investors opportunity, something that…

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Forex “Carry” Trades Are In Trouble

‘Volatility’ is the forex investor’s greatest allie. In the month of September, there has been no let up from this key variable that had been missing during the G8 Central Bank “lower for longer” interest rate stretch over the past two-years. Volatility provides investors opportunity, something that…

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Forex “Carry” Trades Are In Trouble

Annual inflation in Europe’s largest economy will probably remain at 0.8 percent for a third month in September, data from some German states suggested on Monday, maintaining pressure on the European Central Bank to revive the euro zone economy. Data from four federal states showed yearly inflat…

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State data points to German inflation holding steady in September

Annual inflation in Europe’s largest economy will probably remain at 0.8 percent for a third month in September, data from some German states suggested on Monday, maintaining pressure on the European Central Bank to revive the euro zone economy. Data from four federal states showed yearly inflat…

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State data points to German inflation holding steady in September

British consumers face another three years of squeezed spending, an influential report suggests, amounting to a “lost decade” for households. Annual wage growth is likely to remain well below the 4.5 rises seen before the financial crisis struck in 2008, the EY Item Club survey says. Th…

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UK Consumers face ‘lost decade’ as spending squeeze bites