Archive for February 15th, 2009
Fears of systemic risk posed by a large-scale default by Russia is overdone, believes Stefan Hofer, emerging markets strategist at Julius Baer. He offers his insight into Russia, with CNBC’s Rebecca Meehan & Lisa Oake. Watch Video MEDIA: VIDEO Permalink
February 15th, 2009 | Posted in Forex | No Comments
Mitul Kotecha, head of global FX strategy at Calyon thinks that the G7 did the right thing by toning down its stance on China’s yuan exchange rate. He reviews the G7 meeting, with CNBC’s Rebecca Meehan & Lisa Oake. Watch Video MEDIA: VIDEO Permalink
February 15th, 2009 | Posted in Forex | No Comments
The strong yen is helping the consumption of overseas products and that is not hurting GDP, notes Naomi Fink, Japan strategist at Bank of Tokyo Mitsubishi. She offers her analysis to CNBC’s Lisa Oake & Rebecca Meehan. Watch Video MEDIA: VIDEO Permalink
February 15th, 2009 | Posted in Forex | No Comments
Mon, 16th of February, 2009 By Setyo Wibowo (analyst@fxinstructor.com) EURUSD Outlook The EURUSD didn’t make significant movement on Friday.
February 15th, 2009 | Posted in Forex | No Comments
The strength of the yen is hurting the equity market and banks’ cross-shareholdings in other listed equities, notes PK Basu, chief economist, Asia ex-Japan at the Daiwa Institute of Research. He assesses how the yen’s rise is hurting Japan, with CNBC’s Chloe Cho. Watch Video MEDIA: VIDEO Permalink
February 15th, 2009 | Posted in Forex | No Comments
As Japan already has a rather high public debt to GDP ratio, there isn’t much it can do to mitigate the impact of this crisis, says PK Basu, chief economist, Asia ex-Japan at the Daiwa Institute of Research. He tells CNBC’s Chloe Cho that its GDP may fall 3.8% in the next fiscal year. Watch Video MEDIA: VIDEO Permalink
February 15th, 2009 | Posted in Forex | No Comments
In spite of Japan’s dismal fourth-quarter GDP data, Claudio Piron, head of Asia FX research at JPMorgan still expects the dollar-yen to head towards 88 by the end of the quarter, down to 85. He tells CNBC’s Chloe Cho why. Watch Video MEDIA: VIDEO Permalink
February 15th, 2009 | Posted in Forex | No Comments
AUDUSD might be forming a short term cycle bottom at 0.6428 on 4-hour chart. Key resistance is at 0.6641, a break above this level will confirm the cycle bottom, and
February 15th, 2009 | Posted in Forex News | No Comments
Posted By: Reuters The yen rose against other major currencies on Monday after finance ministers from the Group of Seven made no specific reference to strength in the Japanese currency at a weekend meeting. Read More Topics: euro | Economy (U.S.) | Economy (Global) | Foreign Exchange | Interest Rates | Employment | Currencies | U.S
February 15th, 2009 | Posted in Finance, Forex | No Comments
Discussing the reasons behind the change in the G7’s stance with regards to China’s yuan policy, with Fraser Howie, author of “Privatizing China” and Sebastien Barbe, senior economist & strategist for Asia ex-Japan at Calyon Corporate & Investment Bank, speaking with CNBC’s Maura Fogarty. Watch Video MEDIA: VIDEO Permalink
February 15th, 2009 | Posted in Forex | No Comments