The US GDP The US GDP is a gauge of the overall output of goods and services of the U.S. economy. It is the most comprehensive overall measure of economic output and provides key insight as to the driving forces of the economy. If the figure increases, then the economy is improving, and thus the dollar tends to strengthen. If the number falls
A No to US Dollar With the Global Financial Crisis and the recession both starting from the United States, we are looking at the possibility of the loss of confidence in the Financial System of America and the Dollar in particular. It is clearly seen in the case of the possible realization of trading transactions between China and Brazil. The
Currency Trading and The False GDP Tun Dr Mahathir Mohammad elaborated on the false GDP of the United States in his third installment in a series on the trends that led to the present financial crisis. He specifically pointed out that currency trading is also a culprit in contributing to the false GDP in his posting titled Currency Trading.
Tun Dr Mahathir bin Mohamad wrote in his Weblog about The Banking System and The Fasle Economy. This is the second installment in a series on the trends that led to the present financial crisis. 1. Another contributor towards the per capita and GDP of the rich countries is the banking business. 2. Banks are apparently allowed to lend
Forex News on the Euro, Pound, Dollar & Yen this week There are several high impact Fundamental Forex News coming out this week. On Monday, we have the Euro Zone Current Accounts Report. This report which summarizes the flow of goods, services, income and transfer payments in and out of the Euro-zone nations to other countries. This
Nov. 14 (Bloomberg) -- The yen rose, heading for weekly gains against the euro and the dollar, as a drop in U.S. retail sales prompted speculation investors will sell higher-yielding assets and pay back low-cost loans in Japan's currency. The dollar was poised for a second weekly gain versus an index of the currencies of six major trading
