currency

James GowBy Michael Condon

James Gow and FXOnline ride the waves of volatility

Noon, late February 2009, Tokyo. It’s lunchtime in the Onarimon district of the capital and hundreds of uniformly dark suited salarymen flood onto the streets in search of lunch. The popular ramen shops have lines going out the door and a few businessmen too slow out the door wander reluctantly towards the local McDonald’s.

By Ian Copsey

And now the seasonal exchange slowdown begins.

The past few months have seen the Forex trading profile raised as the US dollar shot higher by between 20 and 40 percent against all currencies except the yen, where it made equally dramatic losses of around 18 percent. This forced the yen to appreciate by between 35 percent and 45 percent against currencies with high interest rates.

James GowBy Shaun Davies

The sale of currency trading Website FXOnline to IG Group will come to epitomize the dream of the foreign entrepreneur in Japan.

With the yen so strong against other major currencies, what may be good for the housewife FX trader is proving a nightmare for the Japan-based owners of Australian and other international mortgages. Read Now

By Michael Condon -- With reports of a planned currency deal with Japan and the EU, and bailouts of financial institutions, is the US now interventionist?

George W. Bush scanned the throngs of restless journalists as he stood at the podium of the Economic Club of New York. Things could have been better.

It was March 14, and following a flood of failed mortgages, a plummeting US dollar and the Bear Sterns bail-out, the US federal government was attempting to play poker with the media.

By Antonia McLaughlin -- The Japanese housewife is an iconic and integral part of the Japanese populace. She holds much domestic power, often autonomously, while her husband is working all hours of the day and night. She also holds the purse strings of her husband’s salary which, according to some analysts, is an estimated ¥12.5 trillion in household savings. The Japanese housewife has recently taken on a whole new level of meaning, and is redefining the very concept of domestic housework in the form of online currency trading.