The Swiss Central Bank was against it. The Swiss politicos were against it. And some 75% of the Swiss population who voted in a national referendum were against it. So, what was all the fuss about the Swiss financial experiment called Vollgeld? Vollgeld, or “sovereign money”, is a Swiss initiative aimed at avoiding the boom … “Switzerland Rejects “Sovereign Money”—Is the World Ready for Economic Experiments?”
Author: admin_mm
Switzerland Rejects “Sovereign Money”—Is the World Ready for Economic Experiments?
The Swiss Central Bank was against it. The Swiss politicos were against it. And some 75% of the Swiss population who voted in a national referendum were against it. So, what was all the fuss about the Swiss financial experiment called Vollgeld? Vollgeld, or “sovereign money”, is a Swiss initiative aimed at avoiding the boom … “Switzerland Rejects “Sovereign Money”—Is the World Ready for Economic Experiments?”
Euro Heads Lower on Mixed PMI Data from Across the Eurozone
The euro today headed lower against the US dollar in the early European session following the release of mixed Eurozone PMI data by IHS Markit. The euro’s decline drove the EUR/USD currency pair lower as the US dollar recovered from its slump that occurred in the Asian session. The EUR/USD currency pair today declined from a high of 1.1681 to a low of 1.1629 driven by the US dollar’s rebound. The currency pair today headed lower despite … “Euro Heads Lower on Mixed PMI Data from Across the Eurozone”
GBP/USD: Caution N-Term Ahead of Jul-9 White Paper; Staying Constructive M-Term
The pound made its way up but still hesitates ahead of yet another significant hurdle in the Brexit saga. What’s next? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses GBP outlook and adopts a cautious bias ahead of the release of the UK’s government’s position on Brexit in a white paper on 9 … “GBP/USD: Caution N-Term Ahead of Jul-9 White Paper; Staying Constructive M-Term”
GBP/USD: Caution N-Term Ahead of Jul-9 White Paper; Staying Constructive M-Term
The pound made its way up but still hesitates ahead of yet another significant hurdle in the Brexit saga. What’s next? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses GBP outlook and adopts a cautious bias ahead of the release of the UK’s government’s position on Brexit in a white paper on 9 … “GBP/USD: Caution N-Term Ahead of Jul-9 White Paper; Staying Constructive M-Term”
GBP/USD: Trading the UK Services PMI
The Services PMI is a closely watched economic indicator and has a considerable impact on the Pound. The Market Impact Tool shows trading opportunities in both upside and downside surprises on this event. The GBPUSD moved, on average, 8 pips in the 15 minutes after the data release and 30 pips in the following 4 … “GBP/USD: Trading the UK Services PMI”
GBP/USD: Trading the UK Services PMI
The Services PMI is a closely watched economic indicator and has a considerable impact on the Pound. The Market Impact Tool shows trading opportunities in both upside and downside surprises on this event. The GBPUSD moved, on average, 8 pips in the 15 minutes after the data release and 30 pips in the following 4 … “GBP/USD: Trading the UK Services PMI”
British Pound Rallies Higher on Upbeat UK Construction PMI Data
The Sterling pound today rallied higher against the US dollar following the release of upbeat Markit/CIPS UK Construction PMI data in the early European session. The pound’s rally drove the GBP/USD currency pair higher even as uncertainty loomed over the Brexit negotiations. The GBP/USD currency pair today rallied from a low of 1.3114 to a high of 1.3207, but was on a downtrend at the time of writing. The currency pair rallied higher after the release of the Markit/CIPS UK … “British Pound Rallies Higher on Upbeat UK Construction PMI Data”
Trade wars: what you need to know ahead of Friday’s tariffs tirade
After a few initial clashes, the trade war is moving on up. Stocks and currencies are paying more attention, and things could escalate. Here is everything you need to know to get ready in our first weekly tranche of Trade War from the Trenches. In the past few months, the US imposed a tariff of … “Trade wars: what you need to know ahead of Friday’s tariffs tirade”
Trade wars: what you need to know ahead of Friday’s tariffs tirade
After a few initial clashes, the trade war is moving on up. Stocks and currencies are paying more attention, and things could escalate. Here is everything you need to know to get ready in our first weekly tranche of Trade War from the Trenches. In the past few months, the US imposed a tariff of … “Trade wars: what you need to know ahead of Friday’s tariffs tirade”