| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
News
FX Trend Trader -The Day ahead
Monday 12th May
The US dollar finished last week under pressure as further weak economic data and continuing sub-prime fallout rattled investor confidence. But overnight the dollar has climbed back towards a 2 month high against a basket of currencies as weak economic data in Australia an New Zealand shows continuing signs of global slowdown. Business confidence in Australia recorded its lowest reading since September 2001 whilst house price gains in New Zealand slowed for an eighth straight month.
But last week showed us that the ECB continues to make 'inflation fighting' its first priority and Trichet's comments on Thursday were as hawkish as ever.
Oil prices look set to rise further and this will surely impact further on global economic growth and we detect some weakening in global stock markets after the recent impressive rises. Trend Reverse discipline please.
The greenback rises on oil price drop and housing bill - Jul 23 Jul 23, 2008 4:09PM- U.S. Economists Pulled the Trigger Jul 23, 2008 3:18AM
- Market Moving News: GBP/USD - Jul 23 Jul 23, 2008 12:46AM
- FX Trend Trader -The Day ahead May 23, 2008 1:48AM
- FX Trend Trader -The Day ahead May 20, 2008 2:06AM
- FX Trend Trader -The Day ahead May 19, 2008 2:15AM
In this topic we are going to review the financial forecast on forex market.
gandycookie
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