Currency Line» Chris Sheppard

Changes in FX volumes

Chris Sheppard — Wed, 22 Jul 2009 09:31:53 +0000

Spot FX trading volumes look to have declined in 2009 from their peak in 2008, and suggest a return to more normal levels. The FX trading landscape has been changing over recent months with the most noticeable impact appearing to come from banks which have less flow business.

It appears that ongoing improvements to the network infrastructure and additional features to their systems may help to improve functionality for manual traders in the FX market.

Is Quantitative easing going to help anybody?

Chris Sheppard — Tue, 21 Jul 2009 16:14:51 +0000

This theory of “printing money” to create money out of thin air may be physically putting money into the economy but monetary changes can take time to work through the economy. It may cause another boom a year down the line followed by another crash as current. Japan tried it to no avail. Quantitative easy is so difficult to get right. Have the Government made the right decision? At the right time? Do the right extent? We shall have to wait and see.

UK Tourism could be on the rise.

Chris Sheppard — Mon, 20 Jul 2009 12:44:38 +0000

With Sterling unlikely to rise against the Euro anytime soon, UK holiday makers look set to take their holidays on British shores this summer. A low rate of 1.161 Euros to Sterling from Mid July 2009 could lead to summer breaks abroad, being taken in the UK as consumers seek to save money during the recession.

This trend, if things continue, is likely to aid the UK Tourism industry and help to put money back into the economy which it so badly needs. Locations such as Bournemouth and Brighton will be expecting large numbers of UK based tourists, many from London due to easy access via the M3 and M23 respectively.

This addition to the UK economy may be significant when it comes to the overall recovery of the financial crisis and possibly reduce the lengthy amount of time associated with it.