currency trading news by forex guru adam kritzer.
Fed to Lower Rates to 0% 17 hours ago Read More
The consensus among economists is now that the US Federal Reserve Bank will lower its benchmark interest rate all the way to 0%. The Fed Funds Rate currently stands at 1%, and two projected 50 basi...
US to Continue to Pressure China Over RMB 1 days ago Read More
After rising nearly 20% over the last three years, the RMB has virtually stopped appreciating against the US Dollar, perhaps as a result of the credit crisis. At the same time, the US exports secto...
FX Correlations Surge on Risk Aversion 3 days ago Read More
Since the credit crisis heated up several months ago, the theme of risk aversion has predominated in equity markets. This is also true in forex markets, where deleveraging and a shift to perceived ...
Fed's Hands Are Tied 4 days ago Read More
It's a little-known fact that the US Federal Reserve Bank does not actually set interest rates. As a result, there is often a discrepancy between the "suggested" Fed rate and the actual rate. Since...
British Pound Under Pressure 5 days ago Read More
The British Pound has already fallen 25% against the Dollar, since the credit crisis kicked off earlier this year. On a technical basis, therefore, it would seem that the Pound is due for a rally. ...
Euro: To Praise or Condemn? 8 days ago Read More
In light of the credit crisis, commentators on the Euro have taken to one of two extremes; either they believe the Euro is doomed, or they argue that the Euro represents the key to EU economic salv...
Russia to Devalue Ruble 9 days ago Read More
Russia is currently facing its worst currency crisis since 1998, when it defaulted on its debt and the Ruble plunged 71% against the Dollar. This time around, Russia is being attacked on two fronts...
UK Rate Cut Backfires 10 days ago Read More
Last week, the Bank of England acquieced to the seriousness of the credit crisis by cutting its benchmark interest rate by 150 basis points- the largest margin in nearly two decades. While the move...
Will Obama Embrace Strong Dollar Policy? 11 days ago Read More
While the Bush Administration nominally embraced a strong Dollar policy, the currency's 20% decline over the last eight years suggests it was actually a low priority. The Obama administration, in c...
How to Choose a Forex Broker 12 days ago Read More
Today, I'm going to take a break from covering the credit crisis in order to cover an important logistical topic: how should one go about choosing a forex broker? There are dozens (if not hundreds)...