| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Jump in Unemployment Rates Signals Rate Hike to Come Later than Expected
It was a wild week in the Forex markets as two of the largest central bank leaders, Bernanke and Trichet, crossed paths momentarily with their views on interest rates and inflation, with the ECB winning out at the end. Jun 06, 2008 7:16PM
Daily currency analysis - Jun 6
The dollar strengthened to test Eurosupport levels near 1.5370 in early US trading on Thursday, but then reversedcourse sharply.At the latest council meeting, the ECB leftinterest rates at the 4.00% level. In the press conference following thedecision, ECB President Trichet took a significantly toug... Jun 06, 2008 12:00PM
Trichet's Excessively Hawkish Comments Rally Euro
On Thursday, the European Central Bank decided to leave interest rates at 4%. This was not actually news as the market had been expecting this announcement. What the market was not prepared for was the excessively hawkish comments from European Central Bank President Jean Claude Trichet. Jun 05, 2008 6:56PM
Daily currency analysis - Jun 5
The dollar consolidated around the 1.5450region for much of the day. The US data was again generally stronger thanexpected which provided some background support for the currency. The ADPreport recorded a private-sector employment increase of 40,000 for May after arevised 13,000 increase for April.I... Jun 05, 2008 12:00PM
Daily currency analysis - Jun 4
The dollar weakened to lows around 1.5625against the Euro on Tuesday, but then reversed direction in US trading.Fed Chairman Bernanke stated that thecentral bank was attentive to the implications of dollar weakness while he wasconfident that the currency would remain strong and stable. The comments ... Jun 04, 2008 12:00PM
Dow Jones testing support levels…
Sandy Jadeja is Chief Market Strategist for ODL Markets and founder of www.Spreadbettingtowin.com where he teaches low risk trading strategies and money management. Jun 04, 2008 6:38AM
The Euro plunged after Fed Chairman Bernanke said the central bank is "attentive" to the level of the U.S. Dollar. Jun 03, 2008 4:53PM
Daily currency analysis - Jun 3
The Euro hit resistance above the 1.5560level against the dollar in early Europe on Monday and drifted weaker towards1.55. The revised Euro-zone PMI indices werelittle change for May with the manufacturing index at 50.6. There will befurther expectations of a steady deterioration with the Spanish an... Jun 03, 2008 12:00PM
Traders Lighten Up Long Dollar Positions Ahead of ECB Meeting
Although the European Central Bank is not going to meet until June 5, bullish Dollar traders were reluctant to add to their positions ahead of the meeting. Traders are expecting the ECB to keep rates at 4%, but they will be closely monitoring the comments after the meeting to see if there was any d... Jun 02, 2008 6:16PM
Daily currency analysis - Jun 2
The dollar strengthened after the Germanretail sales data on Friday and pushed to a high around 1.5460 beforeconsolidation around the 1.55 level ahead of the New York open.The Euro-zone growth data remained weakwith a further sharp 1.7% decline in German retail sales for April whilereports also sugg... Jun 02, 2008 12:00PM
This Week’s Data Will Determine Dollars Fate! 1.50 Or 1.60 Next Target For EUR/USD?
Another week has started, with the economic calendar full of important releases. This week will definitely give us some idea regarding the dollar direction and most importantly if EUR/USD is heading again towards recent highs… Jun 02, 2008 6:26AM
Daily currency analysis - Jun 1
The Euro was blocked close to 1.5660against the dollar in Asian trading on Thursday and then weakened sharply tolows below 1.55 in New York.The moves in oil and gold prices were againclosely tied with the dollar trend during the day. Oil prices recoveredtemporarily after the latest US inventory data... Jun 01, 2008 12:00PM
Stability in the Financial Industry Continues to Support U.S. Dollar
The EUR USD continued its reversal down with another sharp break on Wednesday. The U... 
James A. Hyerczyk
JPY Falls on Downgrade, USD Edges Higher
The greenback was higher against the euro and yen, rising to 1.5669 and 107.90, respe... Korman Tam
Daily currency analysis - Jul 23
127 per barrel.Regional FedPresident Plosser stated in comments on Tuesday that inter... Darrell Jobman
Dow Jones takes traders by surprise…
Sandy Jadeja is Chief Market Strategist for ODL Markets and founder of www.Spreadbett... Sandy Jadeja
