{"id":15333,"date":"2010-11-13T21:48:35","date_gmt":"2010-11-14T02:48:35","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15333"},"modified":"2010-11-13T21:48:35","modified_gmt":"2010-11-14T02:48:35","slug":"us-gdp-possibly-hampered-by-korean-talks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/13\/us-gdp-possibly-hampered-by-korean-talks\/","title":{"rendered":"US GDP Possibly Hampered By Korean Talks"},"content":{"rendered":"<p><strong>By James McKee<\/strong><\/p>\n<p>The US dollar just does not seem to want to budge despite  interventions and attempts by the Federal Reserve to stimulate the  economy by pumping six hundred billion dollars into the US economy.  Talks between the United States and South Korea are an attempt to  stimulate an ailing US economy by increasing exports and raising the  GDP. Talks however have broken down numerous times due to political  tensions in America regarding free trade. A raise in GDP could signal an  increase in the value of the USD on the Forex currency exchange. GDP is  among the top indicators for currency value when it comes to any  economy.<\/p>\n<p>President Barack Obama visited South Korea in an attempt to start  brokering a resolution to the current trade dilemma but was unable to do  so. The goal of the United States president was to arrive at a  resolution by the end of the G20 summit so that United States car  manufacturers and beef producers could begin exporting it to South  Korea. Such a deal if brokered has the potential to double United States  export rates. Once the negotiations are completed and South Korea finds  an amicable arrangement with the United States it will be single  largest deal brokered by the US since NAFTA.<\/p>\n<p>South Korean activists are very much against the importation of US beef  due to a breakout of mad cow disease in 2003, at which time South Korea  refused to import anymore US beef. This was a huge blow the US beef  producers who have been making an effort to regain a presence in South  Korea ever since. A re-negotiated agreement with South Korea would mean a  large increase in US exports and this would in turn add considerable  value to the US dollar. Traders in the Forex exchange should take note  and keep a close eye on the USD.<\/p>\n<h3>About the Author<\/h3>\n<p>Author is a Forex trader and financial analyst residing in  Denver, Colorado. To stay up to date on all the latest developments in  the financial world and beyond be sure to check out the <strong><a href=\"http:\/\/forex.tradingcharts.com\/foreign_exchange_rates\/\">forex exchange rates<\/a><\/strong> regularly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar just does not seem to want to budge despite interventions and attempts by the Federal Reserve to stimulate the economy by pumping six hundred billion dollars into the US economy. Talks between the United States<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15333","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=15333"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15333\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}