Monday, October 27th 2008 19:24
While the Dollar rally may ultimately prove beneficial to US consumers (due to cheaper imports), it is certainly not helping US-based multinational corporations. Companies that earn a significant...
Monday, October 27th 2008 19:05
Forex Market Commentary for October 28, 2008 by Cornelius Luca
GFT Daily Market Commentary
Ongoing rumors/fears of a possible default by large institutional investors/hedge funds...
Monday, October 27th 2008 17:55
The British pound remains extremely weak across the majors as it has a few factors working against it: 1) it is not a safe-haven like the US dollar or...
Monday, October 27th 2008 17:51
The euro fell to the lowest level since April 2006 against the US dollar on Monday as European Central Bank President Jean-Claude Trichet signaled that...
Monday, October 27th 2008 17:51
The US dollar rallied across the majors during the European trading session, but subsequently pulled back later in the day despite stronger-than-expected...
Monday, October 27th 2008 17:47
Forex carry trades sold off sharply on Monday, as the Japanese yen surged more than 4 percent versus high-yielding currencies like the New Zealand dollar...
Monday, October 27th 2008 17:39
The US dollar rallied across the majors during the European trading session, but subsequently pulled back later in the day despite stronger-than-expected...
Monday, October 27th 2008 16:59
A volatile open to the new week carries the risk aversion theme with a new warning from Japanese officials that intervention may be the next step in global...
Monday, October 27th 2008 15:27
As we have warned for the past few weeks, it is extremely dangerous to look for range trades in current market conditions. However, if we were to look...
Monday, October 27th 2008 14:14
FXstreet.com (Barcelona) – Sales of new houses have started to pick up in the United States in September, a signal that together with the improving existing home sales last week, could be showing...
Monday, October 27th 2008 14:04
The extraordinary performance of the Australian dollar over 2006 through early 2008 was created by a number of factors, not least of which was the commodity...
Monday, October 27th 2008 14:00
FXstreet.com (Barcelona) For more information, read our latest forex news.
Monday, October 27th 2008 13:24
FXstreet.com (Barcelona) – The Pound remains bearish against the Dollar, and, according to Valeria Bedarnik, analyst and foreign manager at MolFX Management the pair could test new lows: “The...
Monday, October 27th 2008 13:16
The US dollar and Japanese yen have pared their losses this afternoon after surging throughout the European trading session, as the Dow Jones Industrial...
Monday, October 27th 2008 12:14
Overnight Libor Rates (17:15 GMT) Current Friday(17:15 GMT) USD 1.26875 1.28125 EUR 3.56250 3.54875 GBP 4.81250 4.75000 JPY 0.72875 0.71625 CHF 1.29167...
Monday, October 27th 2008 11:02
The US dollar faces major event risk in coming days, especially as the Federal Reserve is expected to cut interest rates. While most of the news would...
Monday, October 27th 2008 10:58
Forex market volatility has been nothing short of astounding through recent trade, with major currency pairs trading to incredible highs and lows without...
Monday, October 27th 2008 9:34
In a recent interview, ECB President Jean Claude Trichet said the policy authority may once again ease lending rates at its November 6th meeting in response...
Monday, October 27th 2008 9:14
With the recent financial crisis, the market has paid little heed to the ongoing recession in the US housing market. However, the broader economy heading...
Monday, October 27th 2008 9:12
FXstreet.com (Barcelona) – Business climate has worsened somewhat sharper than expected in Germany in September for their fifth consecutive month, while the economic expectations have slumped...
Monday, October 27th 2008 9:01
FXstreet.com (Barcelona) For more information, read our latest forex news.
Monday, October 27th 2008 9:00
FXstreet.com (Barcelona) For more information, read our latest forex news.
Monday, October 27th 2008 7:58
Down under currencies in FX tradingThe Australian dollar, along with the New Zealand dollar, is sliding in currency trading on the FX market today. Right now, down under currencies are suffering in...
Monday, October 27th 2008 7:38
The Japanese economy stagnated for a decade or so following the collapse of its asset price bubbles in the early 1990s. Real GDP growth in Japan, which...
Monday, October 27th 2008 7:38
Denmark attempts to defend the krone against global recessionThe Danish central bank was just barely granted access to a swap line from the European Central Bank. The amount is 12 billion euro. The...