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Global Interest Rates
Australia	5.25%
Canada	2.25%
EMU	3.25%
Japan	0.3%
Swiss	1%
England	3%
US	1%

Data by fxstreet.com

Daily currency analysis - Oct 4

The Euro remainedunder pressure ahead of the ECB meeting on Thursday and dipped to fresh12-months lows below 1.39 against the dollar.The ECB leftinterest rates on hold at 4.25% at the latest council meeting. In the pressconference following the decision, Chairman Trichet stated that the inflationris... (Oct 04, 2008 12:00PM)

Dollar Finishes Week on a Strong Note

The EUR USD closed sharply lower this week because of a combination of a flight to quality break and a possible interest rate cut by the European Central Bank. The market started the week steady but was quickly met by selling pressure as signs developed indicating that European Banks were on the br... (Oct 03, 2008 6:34PM)

The Week Ahead - Out 3

The Rescue Package passes, finally; will hope emerge? After an ugly balk on Monday, the US Congress has passed the Troubled Asset Relief Program (TARP). The main thrust of the legislation is to allow the US Treasury to buy illiquid mortgage-backed securities (MBS) from banks and other financial in... (Oct 03, 2008 5:34PM)

Daily currency analysis - Oct 3

Crunch Time for the Dollar!

Mr. Trichet has spoken…The bank has opened the door for cuts! The inflationary pressures have been diminished as he said, but they have not disappeared. (Oct 03, 2008 6:13AM) 2 votes

Trichet Softens Tone toward Rate Cut

The EUR USD fell to a new low for the year fueled by ECB President Jean-Claude Trichet's comments regarding the future of interest rate cuts. In his commentary following the announcement that Euro Zone rates would stay unchanged at 4.25%, Trichet noted that policymakers discussed cutting inter... (Oct 02, 2008 8:30PM)

Daily currency analysis - Oct 2

The Euro pushed tohighs above 1.4150 against the dollar in early European trading on Wednesday,but failed to sustain the gains and weakened sharply in early New York with adip to below 1.40.Funding pressures easedslightly at the beginning of the third quarter, but there were stillsubstantial stresse... (Oct 02, 2008 12:00PM)

Will Trichet "Save" Euros Fate or is it All Doom and Gloom?

The Senate has spoken...the vote was positive this time, as markets already priced in and now it’s up to the House on Friday to continue the matter further. (Oct 02, 2008 5:29AM)

Dollar a Little Stronger as Congressional Vote and Holiday Keep Traders on the Sidelines

The EUR USD weakened again on Wednesday as central banks continue to stock up on Dollars. The market could have been hit hard again today had it not been for the number of traders on the sidelines. Many traders were going to wait out the Congressional vote on the banking rescue (Oct 01, 2008 5:44PM)

USD Edges Higher

The dollar extended gains against the euro and sterling in the Wednesday session amid heightened demand for greenbacks as a result of tight credit conditions in the market. Trading will remain choppy in the coming days as markets eagerly anticipate the successful passage of the Administration's $7.... (Oct 01, 2008 4:02PM)

Daily currency analysis - Oct 1

The Euro was unableto make any headway in European trading on Tuesday and then weakened sharply inUS trading.There was stillstrong evidence of a technical dollar shortage as money-market conditions remainedvery tight with the Fed Funds rate generally well above the 2.0% target level.The liquidity sh... (Oct 01, 2008 12:00PM)

More EUR, GBP Loses Ahead

Smaller than expected 8K decline in ADP report on private payroll jobs accelerates dollar buying already emerging on increased reports of short-term USD funding among European banks. The 10 am release of the ISM report may destabilize the dollar as long as the headline index remains above $48 (exp a... (Oct 01, 2008 9:54AM)