The downturn in the global financial market paired with mounting growth concerns for the entire world has certainly taken a toll on the New Zealand dollar...
The Australian dollar continued its current downward trend as the RBA shocked markets with a 100bps cut, that would ignite a coordinated easing by several...
Just like its Japanese and US counterparts, the Swiss franc is reaping the benefits of its safe haven status. Known as a perennial funding currency and...
Economic fundamentals will fade into the background as the Japanese Yen exchange rate continues to be a direct reflection of financial markets’ risk sentiment...
Despite the approval of a massive $700 billion bailout plan and coordinated global rate cut, panic continues to dominate market sentiment. For the US dollar,...
Regardless of the market you are following (Forex, stocks, commodities) or the specific assets you trade (whether the safe haven US dollar, low-yielding...
The US Dow Jones Industrials Average recovered from its earlier drop below the critical 8,000 mark, but the 1.49 percent daily decline was the eighth such...
The Canadian dollar plummeted over the course of the last week as the combination of weak oil prices and a massive US dollar rally led USD/CAD to spike.
The euro plummeted against the greenback to hit the lowest levels in over a year before finally hitting support at the 6/13/07 low of 1.3263. Indeed, fears...
There are few – if any – viable range trades in the currency market as panic has generated volatility in every corner. Therefore, in looking for a pair...
Fundamental Outlook for British Pound: Bearish - British Pound Tumbles as Bank of England Cuts Rates, UK announces bailout - Worst stock market crash in...
The Group of Seven (G7) issued a joint statement following its meeting in Washington DC addressing the ongoing financial crisis. The text is copied below.
Risk aversion spreads, leading to the worst market downturn in recent history. Will the carry continue to plunge and dollar sustain its rally next week?...
The Japanese yen gained quite a bit during the Asian trading session, but simply consolidated for much of the European and US trading session, suggesting...
The British pound held to a range of 1.6900 - 1.7150 on Friday, holding up fairly well versus the dollar compared to currencies like the euro, which plunged.
The euro hit the lowest levels in over a year before finally hitting support at the 6/13/07 low of 1.3263. Indeed, fears of a financial market meltdown...
Flight-to-safety triggered major gains for the US dollar on Friday, as volatility remained exceptionally high in the market. However, if the G7 or EU comes...
FXstreet.com (Barcelona) – US President George W. Bush has made a call to serenity, assuring that the US Government will continue acting in order to restore markets stability in a speech in...
The Canadian Dollar plunged to its lowest levels in over three years, as an outright rout in crude oil prices and broader commodity markets led to a similarly...
It is difficult for anyone to miss the massive wave of risk aversion that has washed over the global markets these past two weeks. With basic lending and...
FXstreet.com (Barcelona) – U.S. deficit in goods and services trade with the rest of the world has narrowed in August as imports declined larger than exports, according to data released by the U.S....