| New Zealand Dollar Outlook Bearish As The Flight to Safety Continues |
| October 10th, 2008 07:35 PM |
| 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...
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| Australian Dollar May Sink Further As Commodity Sell Off Continues |
| October 10th, 2008 07:31 PM |
| 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...
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| Swiss Franc Just As Linked To Risk Appetite As The Dollar And Yen |
| October 10th, 2008 07:28 PM |
| 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...
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| Japanese Yen Locked to Global Risk Sentiment as Markets Digest G7 |
| October 10th, 2008 07:24 PM |
| Economic fundamentals will fade into the background as the Japanese Yen exchange rate continues to be a direct reflection of financial markets’ risk sentiment...
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| Dollar Strength Over Extended Shaky Safe Haven Status |
| October 10th, 2008 07:20 PM |
| 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,...
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| Forex Trading Weekly Forecast - 10.13.08 |
| October 10th, 2008 06:57 PM |
| Regardless of the market you are following (Forex, stocks, commodities) or the specific assets you trade (whether the safe haven US dollar, low-yielding...
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| Dow Jones Loses for Eighth Consecutive Trading Day - Worst Streak Since September, 2001 |
| October 10th, 2008 04:17 PM |
| 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...
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| Canadian Dollar Could Gain On Technical Retracement |
| October 10th, 2008 04:13 PM |
| 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.
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| Euro Forecast Depends on EU Summit To Determine Joint Action Plan |
| October 10th, 2008 04:08 PM |
| 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...
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| Swiss Franc / Yen (CHFJPY) Pair May Offer Buffer To Volatility |
| October 10th, 2008 03:59 PM |
| 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...
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| British Pound Could Bounce, but Long-Term Forecast to the Downside |
| October 10th, 2008 03:56 PM |
| Fundamental Outlook for British Pound: Bearish - British Pound Tumbles as Bank of England Cuts Rates, UK announces bailout - Worst stock market crash in...
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| G7 Issues Joint Statement On Addressing Financial Crisis |
| October 10th, 2008 03:18 PM |
| 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.
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| Fear Keeps Forex Market Under Pressure, Risk Will Carry Into Next Week (Forex Video) |
| October 10th, 2008 03:00 PM |
| 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?...
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| Japanese Yen Trades Choppily As Financial Markets Remain Extremely Volatile |
| October 10th, 2008 02:46 PM |
| 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...
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| British Pound Consolidates Massive Losses - Recovery in Store? |
| October 10th, 2008 02:31 PM |
| 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.
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| Euro Plummets On Fears G7 Will Not Find Solution |
| October 10th, 2008 02:27 PM |
| 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...
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| US Dollar: Will We See A Reversal Early Next Week? |
| October 10th, 2008 02:26 PM |
| Flight-to-safety triggered major gains for the US dollar on Friday, as volatility remained exceptionally high in the market.
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| US Dollar: Will We See A Reversal Early Next Week? |
| October 10th, 2008 02:14 PM |
| 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...
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| Why is the Canadian Dollar Weak? |
| October 10th, 2008 12:19 PM |
| 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...
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| Worst Market Crash In Recent History Sends Risk Appetite And Carry Plummeting |
| October 10th, 2008 12:14 PM |
| 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...
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| Overnight Interest Rate Update 10.10.08 |
| October 10th, 2008 10:00 AM |
| Overnight Libor Rates (17:00 GMT) Current Thursday (17:25 GMT) USD 2.46875 5.09375 EUR 3.89250 3.93625 GBP 5.81250 5.41875 JPY 1.02125 0.96250 CHF 4.50000...
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