Skip to content

Category Archives: Economy

444 – PIPS LEFT UNTIL PARITY

05-Jan-09

The GBPEUR cross currency pair is getting stronger for already 6 weeks. Since November 12th, it broke a resistance line at 0.82. Before that, it was trading in a narrow range between 0.77 and 0.81.
Since November 12th, it has one direction: up. While the economic crisis weakened the US dollar against the all currencies, the [...]

Also filed in | | Comments Off

11.103 – THE ZIRP SPREAD

13-Dec-08

The zero interest rate policy (ZIRP) is a Keynesian macroeconomics scheme for economies exhibiting slow growth with a very low interest rate, such as contemporary Japan and since December 16, 2008 the United States.
Under ZIRP, the central bank maintains a 0% nominal interest rate. The intended effect of a ZIRP is to encourage investment throughout [...]

Also filed in | | Comments (1) »