Yield Advantage Beginning 2014 trading around $0.89, the Australian dollar remained remarkably resilient throughout the first half of 2014, reaching highs of $0.95 at the beginning of July, buoyed by a yield advantage over its global counterparts as the Reserve Bank of Australia (RBA) moved their policy bias from negative to neutral. Repeated effor...
Read MoreFrom geopolitical unrest to trigger happy central bankers cranking up the printing presses (quantitative easing), it’s apparent why market participants turn towards the natural safe haven qualities of physical precious metals when the chips are down. While metals such as Gold and Silver are currently valued decidedly south of the heady highs in 2...
Read MoreThere is no disputing that trading leveraged products such as Margin Forex can be an effective and simple way of gaining exposure to your desired currency pair. However it’s imperative that every trader develop a deep understanding of what it means to trade with leverage before putting their hard-earned cash on the line! Let’s start by explorin...
Read MoreWith the referendum on Scottish independence fast approaching, the debate as to what currency an independent Scotland should use is becoming hotly contested. Should Scotland Say Goodbye to the Pound? Independence would mean the creation of a new, untested economy that investors may be wary of. The choice of currency is crucial to establishing econo...
Read MoreAs topics go it's a pretty hot one and frequently debated in the foreign exchange community: Just when will the Chinese renminbi -- also known as the yuan -- becomes fully convertible and freely tradable? This has been vexing the minds of academics, politicians and FX market participants alike. While it took the U.S. dollar around four decades to r...
Read MoreThe Breton Woods conference of 1944 is best remembered for establishing the IMF, World Bank and WTO. But the conference also saw John Maynard Keynes make a fascinating proposal for a global currency, a proposal the United Kingdom adopted as its official negotiating policy. Keynes lost the argument to the U.S. representative Harry Dexter White, but ...
Read MoreIt may not be the headline news, it was in the summer of 2012, but the eurozone is still in crisis. Unpopular technocratic governments remain in place, Greece and Cyprus are still propped up by Germany's whims as lender, and unemployment remains spectacularly high in Spain. The upshot is a crumbling of support for the EU across the continent. There...
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