| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
The dollar fell against its rivals on Friday as US consumer confidence dropped to a 28-year low and crude oil rose to a record high, increasing concerns US economic growth will continue to slow and the Federal Reserve May 16, 2008 8:04PM
The Week Ahead updated May 16, 2008
The USD has remained largely confined to ranges over the past several weeks. In EUR/USD, that range has been roughly 1.53-56; in USD/JPY, 102.50-105.50; in GBP/USD, 1.94-97; and in USD/CAD 0.9950-1.0250. To a large extent, these May 16, 2008 7:07PM
EURUSD Turns the Trend Up on Surging Crude and Falling Consumer Confidence
Surging crude oil and falling consumer confidence helped drive the Dollar lower against the Euro. Traders are expressing concerns that the higher crude prices may trigger an economic slowdown. May 16, 2008 6:55PM
Confidence Slumps to 28-year Low
The dollar slumped against the majors on Friday, falling to 1.56-versus the euro and 103.54 against the yen. The catalyst for the greenback¡¯s losses was a dismal report on US consumer confidence, highlighting the current bleak economic outlook. The University of Michigan survey of consumer conf..... May 16, 2008 3:32PM
Daily currency analysis - May 16
63.6bn the previous month with firmer equity inflows,although overall flows were negative for the month on an outflow of shorter-termcapital.The Euro-zone growth data for the first quarter wasstronger than expected with a 0.7% increase compared with expectations of a0.5% increase as German GDP rose ... May 16, 2008 12:00PM
The dollar remained in recent narrow trading ranges confined by important technical resistance against most key currencies on Thursday. A penetration of the stock market’s crucial resistance or failure to do so may trigger the fx market to May 15, 2008 7:58PM
Weak U.S. Economic Data Still a Concern
Despite recent talk that the Fed may be ending its cycle of interest rate reductions, there are still concerns in the Forex community that the U.S. economy may not be robust enough to avoid a prolonged economic drawdown or in the worst case, a recession. May 15, 2008 6:33PM
The dollar was initially softer against the euro and yen in the Thursday session following soft US economic reports earlier in the morning. Weekly jobless claims increased to 371k, versus 365k in the previous week. The NY Fed manufacturing survey deteriorated to a reading of minus 3.23 in May, ver... May 15, 2008 2:02PM
Daily currency analysis - May 15
The dollar pushed to challenge levels just beyond 1.54against the Euro in European trading on Wednesday, but was again unable tosustain the gains.US consumer prices rose 0.2% in April while the coreincrease was also slightly below expectations with a 0.1% increase. The monthlyprice change eased imme... May 15, 2008 12:00PM
Fed Getting Closer to End of Interest Rate Cutting Cycle
A better than expected U.S. CPI number helped put pressure on the U.S. Dollar on Wednesday. The CPI number "magically" showed only a modest increase despite surging food and gasoline prices during April May 14, 2008 6:25PM
The greenback was higher against the yen and the sterling, but relinquished some of its gains versus the euro. The economic calendar was light on Wednesday, with just the release of consumer prices. The April CPI figures were better than expected, with the headline readings lower at 0.2% versus 0.... May 14, 2008 3:32PM
Daily currency analysis - May 14
The dollar found some support close to 1.5570 against theEuro on Tuesday and edged stronger in European trading.Headline US retail sales fell 0.2% in April, in line withmarket expectations, while the underlying figure was stronger than expectedwith a monthly increase of 0.5%. Auto sales dipped sharp... May 14, 2008 12:00PM
The dollar fell against its rivals on Friday as US consumer confidence dropped to a 2... 
Hans S. Nilsson
The Week Ahead updated May 16, 2008
The USD has remained largely confined to ranges over the past several weeks. In EUR/U... Brian Dolan
EURUSD Turns the Trend Up on Surging Crude and Falling Consumer Confidence
Surging crude oil and falling consumer confidence helped drive the Dollar lower again... James A. Hyerczyk
Confidence Slumps to 28-year Low
The dollar slumped against the majors on Friday, falling to 1.56-versus the euro and ... Korman Tam
