| Global Interest Rates | |||
Australia |
7.25% | ||
Canada |
3.5% | ||
EMU |
4% | ||
Japan |
0.5% | ||
Swiss |
2.75% | ||
England |
5% | ||
US |
2.25% | ||
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 24, 2008 5:59AM
Dow Jones holding key support level…
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 24, 2008 5:58AM
Euro Falls as Traders Rethink Interest Rate Hike
The EUR/USD fell on Monday as German business confidence fell in June to the lowest levels since 2005. Because of this report, traders reduced bets that the European Central Bank will aggressively hike rates this year. Following the release of this report, the interest rate differential between th... Jun 23, 2008 3:12PM
The dollar edged higher against the euro and sterling at the start of the week, benefiting from soft Eurozone and UK economic reports and rising to 1.5469 and 1.9588, respectively. The currency market continues to largely be driven by sentiment over global interest rate differentials as traders clo... Jun 23, 2008 3:02PM
Daily currency analysis - Jun 23
The dollar wasunable to make any challenge on levels below 1.55 on Friday and weakenedsteadily to lows just beyond 1.5650 before consolidating around 1.5630.The US currencywas undermined by a renewed increase in energy and commodity prices during theday with crude reversing Thursday’s losses. ... Jun 23, 2008 12:00PM
Will This Weeks FED Rate Decision Give Dollar The Long Awaited Rally?
Another week starts with the EUR/USD falling sharply from 1.5625 all the way down to 1.55 after worse than expected IFO data from Germany. Jun 23, 2008 7:39AM
Daily currency analysis - Jun 22
The dollarweakened to near 1.5590 in early Europe on Thursday, but then found some reliefas the Euro came under pressure against Sterling. The US currency also securedsome support from a reversal in oil prices, but it was again unable to breakEuro support close to the 1.5460 level.The US economic da... Jun 22, 2008 12:00PM
Daily currency analysis - Jun 21
The dollarweakened to near 1.5590 in early Europe on Thursday, but then found some reliefas the Euro came under pressure against Sterling. The US currency also securedsome support from a reversal in oil prices, but it was again unable to breakEuro support close to the 1.5460 level.The US economic da... Jun 21, 2008 12:00PM
Weak Economic Numbers Help EUR/USD Post Weekly Gain
Poor economic reports kept the U.S. Dollar on the defensive all week allowing the Euro to retrace more than 50% of the previous week's rally. The financial markets in Chicago are indicating that the Fed is less likely to cut rates over the near term and the ECB expected to raise rates in July.... Jun 20, 2008 6:52PM
The Week Ahead updated June 20, 2008
Currency traders are certainly having their patience tested as most major pairs continue to bounce around in relatively well-worn ranges. The outlook for a break of recent ranges is pretty weak at the moment, given the ongoing data Jun 20, 2008 6:11PM
Daily currency analysis - Jun 20
The dollarweakened to near 1.5590 in early Europe on Thursday, but then found some reliefas the Euro came under pressure against Sterling. The US currency also securedsome support from a reversal in oil prices, but it was again unable to breakEuro support close to the 1.5460 level.The US economic da... Jun 20, 2008 12:00PM
EUR/USD Falls as British Pound Strength Spreads to the Dollar
In a technically dominated trade, the EUR/USD fell as falling crude oil and a surging British Pound helped rally the U.S. Dollar. For the first time in four trading sessions, traders ignored news of an economic slowdown in the U.S. and instead allowed outside markets to dictate the short-term direc... Jun 19, 2008 5:45PM
Daily currency analysis - Sep 7
The Euro wasgenerally firmer in European trading ahead of the ECB interest rate decis...
Darrell Jobman
Dollar Weakens as More U.S. Jobs are Lost
The holiday shortened week ended with the U.S. Dollar losing ground to most major cur...
James A. Hyerczyk
So much for the period of consolidation I was expecting last week. The USD surge has ...
Brian Dolan
Yen Rallies, Traders Await Jobs
The yen rallied sharply across the board, advancing to 186.20 against the sterling, 1...
Korman Tam