June 2008 Monthly Archive
In one of my previous articles on an economic and monetary union, we had discussed the possibility of the Eurodollar becoming a future world currency. Let’s explore this fanciful idea further and reason out the pros and cons of such a currency and what experts have really proposed.… More…
Posted 07:41 27 June 2008 by Forex Gump
The emergence of the Euro and the recent decline in the US Dollar vis-à-vis key currencies does not seem to bode too well for the long term prospects of the Dollar. The Dollar has lost nearly 50% of its value against a trade weighted basket of currencies since 1985… More…
Posted 11:08 17 June 2008 by Forex Gump
An Economic and Monetary Union is a union of two or more economies or markets to form a single market with a common currency. It is considered the fifth stage of economic integration. The largest Economic and Monetary Union at present is the European Union.… More…
Posted 09:05 16 June 2008 by Forex Gump
Most currency traders must already be familiar with the concept of currency carry trade. However, it is important to understand the risks involved in this form of trading vis-à-vis the high returns that it seems to promise, especially in the context of the fluid forex markets of today. … More…
Posted 09:30 10 June 2008 by Forex Gump
We are all probably aware that inflation leads to an erosion in the value of a currency. Then how can inflation in the Euro zone prop the Euro! The seeming conflict has a short term vs. long term connotation.… More…
Posted 09:36 04 June 2008 by Forex Gump