Dollar: Ready to Rebound?
At the start of trade this week the greenback was caught against the ropes and looked like it was ready to collapse as the panic over the GSE bailout pushed EURUSD to all time highs at 1.6040. But no...
Forex Capital Markets -
Sunday July 20, 2008, 9:47 pm
As dollar slides, European tourists flock to Florida
MIAMI (AFP) - Reeling from a real estate collapse and battered by hurricanes, Floridians can at least take heart from one economic bright spot: European tourists are coming to spend, spend, spend.As...
AFP Finance News -
Sunday July 20, 2008, 2:21 pm
Zimbabwe introduces 100-billion-dollar note
HARARE (AFP) - Zimbabwe, grappling with a record 2.2 million percent inflation, has introduced a new 100-billion-dollar bank note in a bid to tackle rampant cash shortages, the central bank said...
AFP Finance News -
Sunday July 20, 2008, 3:45 am
Dollar remains high
Trade was mixed on Wall Street overnight but the Australian dollar remained strong against the greenback.
Just before 8.00am AEST the Australian dollar was being quoted around 97.24 US cents.
The...
ABC Business News -
Saturday July 19, 2008, 9:22 am
Forex in 60 Seconds - Citi Earnings Helps Carry, UK 2Q GDP Top Risk Next Week
· Citi's earnings beat expectations, helps lift the carry trade back to levels of...
Forex Capital Markets -
Friday July 18, 2008, 9:53 pm
Dollar slips before Citigroup results
LONDON (AFP) - The dollar dipped against the euro and the yen as the foreign exchange market awaited quarterly earnings from US banking titan Citigroup.In morning deals, the European single currency...
AFP Finance News -
Friday July 18, 2008, 8:57 pm
Bank of Japan Growing More Concerned About Growth
The Japanese Yen crosses are higher today thanks to the recent recovery in US stocks.The Bank of Japan has finally acknowledged what we all have felt for some time, which is that the Japanese economy...
Forex Capital Markets -
Friday July 18, 2008, 8:26 pm
Australia, New Zealand and Canada Look Ahead to Busy Week
Like the British pound, the Australian, New Zealand and Canadian dollars will be in play next week with a ton of data due for release.The Australian dollar has another chance at making a run for the...
Forex Capital Markets -
Friday July 18, 2008, 8:24 pm
Big Week for the British Pound
The British pound has been at the whim of risk appetite and the US dollar for most of the week, but things will change in the coming week as the UK economic calendar is chock full of market moving...
Forex Capital Markets -
Friday July 18, 2008, 8:23 pm
Eurozone Economy Continues to Slow
The Euro is consolidating near its all time highs against the US dollar, even though we are reminded on a near daily basis about the risks to Eurozone growth.Last night I was having dinner with a...
Forex Capital Markets -
Friday July 18, 2008, 8:22 pm
US Dollar: New Week, Same Drivers
• Eurozone Economy Continues to Slow
• Big Week for the British PoundUS Dollar: New Week, Same Drivers
It has been a very volatile week for the US dollar, even though compared to the...
Forex Capital Markets -
Friday July 18, 2008, 8:15 pm
Will Canadian Retail Sales Lead USD/CAD For A Break Below Parity?
The release of Canadian consumer spending data is likely to add to evidence suggesting that the Bank of Canada will leave rates unchanged going forward, and may even consider raising rates. Canadian...
Forex Capital Markets -
Friday July 18, 2008, 8:07 pm
GBPCAD Long Term Bullish Opportunity
Opportunities through the more exotic currency crosses are often overlooked. This week, we are highlighting a long term opportunity in the GBPCAD. Technical evidence suggests that a significant low...
Forex Capital Markets -
Friday July 18, 2008, 5:08 pm
NZ dollar dips ahead of rate call, debt softer
WELLINGTON, July 18 (Reuters) - The New Zealand dollar
NZD= settled back above 76 U.S. cents on Friday as investors
sold ahead of next week's central-bank rate decision, and the
U.S. dollar gained...
Reuters Finance News, Australia -
Friday July 18, 2008, 3:25 pm
New Zealand Dollar Technical Outlook
The NZDUSD fell sharply yesterday but a drop below .7587 is required in order to make the decline from .7761 an impulse and suggest that the trend has turned back down.Until then, gains (albeit...
Forex Capital Markets -
Friday July 18, 2008, 2:21 pm
