| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Daily currency analysis - Jun 30
The dollar was unable to strengthen back through the 1.57level on Friday and weakened to test support levels around 1.5780 as US equitymarkets remained fragile.The US economic data again failed to have a major impact. There was a strong 1.9% increase in personalincome for May reflecting the impact o... Jun 30, 2008 12:00PM
Make or Break Time for the Dollar!
This week is set to be crucial for the dollars direction, as we have two very important economic events to look forward to; the ECB rate decision together with Trichet’s speech and the non-farm payroll data. Jun 30, 2008 8:48AM
Daily currency analysis - Jun 29
The dollar strengthened in early Europe on Thursday, butwas unable to sustain the move through 1.5630 and weakened sharply to lowsaround 1.5750 in early New York. The US currency gained some brief support fromexpectations of a wider Russian Rouble trading band which should dampen Eurodemand.This inf... Jun 29, 2008 12:00PM
Daily currency analysis - Jun 28
The dollar strengthened in early Europe on Thursday, butwas unable to sustain the move through 1.5630 and weakened sharply to lowsaround 1.5750 in early New York. The US currency gained some brief support fromexpectations of a wider Russian Rouble trading band which should dampen Eurodemand.This inf... Jun 28, 2008 12:00PM
The Week Ahead updated June 27, 2008
The world as we know it would seem to be coming to an end. Oil prices have risen through the $140/bbl level, stock indexes globally are trading at or below their lows for the year (no small feat), and the USD is on the verge of collapsing. Jun 28, 2008 9:31AM
U.S. Dollar Finishes Week Down Against All Majors
The EUR/USD finished the week up and in a position to gain even more next week as upside momentum is building for a possible test of the all-time high at 1.6019. This rally was set up on Wednesday by the FOMC's decision to leave borrowing rates unchanged at 2.00%. Speculators are interpreting... Jun 27, 2008 6:49PM
Daily currency analysis - Jun 27
The dollar strengthened in early Europe on Thursday, butwas unable to sustain the move through 1.5630 and weakened sharply to lowsaround 1.5750 in early New York. The US currency gained some brief support fromexpectations of a wider Russian Rouble trading band which should dampen Eurodemand.This inf... Jun 27, 2008 12:00PM
Euro Continues Rally as Speculators Lose Confidence in Fed
The EUR/USD continued its rally set up by the FOMC’s decision to leave rates unchanged at 2.00%. Speculators are interpreting the Fed’s lack of clarity as far as future interest rate hikes as the main catalyst for this latest rally. Jun 26, 2008 5:18PM
USD Declines Amid Equity Sell-Off
Traders continued to sell the dollar in the Thursday session, sending the currency to its lowest level in 2 ½-weeks versus the euro at 1.5750 while falling to a near 2-month low against the sterling just shy of the 1.99-mark. Sentiment for the greenback remains soft following yesterday's FOMC p... Jun 26, 2008 3:32PM
Daily currency analysis - Jun 26
The dollar weakened to lows just beyond 1.5610 in early UStrading, but there was a lack of conviction over the selling. The US currencygained some respite ahead of the Federal Reserve interest rate decision with oiland gold prices both falling sharply, but it was unable to sustain the gains.The US d... Jun 26, 2008 12:00PM
Euro Rallies as FOMC Leaves Key Borrowing Rate Unchanged at 2.00%
The FOMC voted on Wednesday to leave U.S. borrowing rates unchanged at 2.00%. This came as no surprise as traders had taken out the possibility of a rate cut in June several weeks ago just as the string of weak U.S. economic data started to hit the news. Jun 25, 2008 7:07PM
FOMC Unchanged, Increased Risks to Inflation
The Federal Reserve, as expected, held monetary policy unchanged at 2% when it announced its decision shortly after 2:00pm. However, the vote to leave rates unchanged was not by unanimous decision with Dallas Fed President Fisher voting in favor of a rate hike. Although the dollar initially jumped... Jun 25, 2008 2:32PM
Stronger Than Expected U.S. GDP Supports Dollar
A stronger than expected U.S. Gross Domestic Product (GDP) report helped the U.S. Dol... 
James A. Hyerczyk
The dollar gained ground against the majors in the Thursday session, rising to its hi... Korman Tam
Daily currency analysis - Aug 28
The Eurostrengthened in Asian trading on Wednesday and pushed to a high of 1.4775agai... Darrell Jobman
Dow Jones fails yet again at the key resistance level…
Sandy Jadeja is Chief Market Strategist for ODL Markets and founder of www.Spreadbett... Sandy Jadeja
