| 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 9
The dollar was confined to narrow ranges around1.56 ahead of the US employment data on Friday, but then weakened sharply in UStrading for the second day running.The headline US employment change was closeto expectations with a decline of 49,000 for May after a revised 28,000 dropthe previous month. ... Jun 09, 2008 12:00PM
Dollar Comeback Proved to be False! More Weakness Ahead?
What a week we had last week, with EUR/USD moving like a rollercoaster form 1.56 down to 1.5370 and then all the way back up to 1.5780 where it closed Friday night at New York. Jun 09, 2008 5:29AM
Daily currency analysis - Jun 8
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 08, 2008 12:00PM
Daily currency analysis - Jun 7
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 07, 2008 12:00PM
The Week Ahead updated June 6, 2008
The new month got off to a rollicking start (yes, I’m being sarcastic) with Fed Chair Bernanke on Tuesday addressing USD weakness in prepared remarks to the International Monetary Conference. Bernanke explicitly noted that the Fed, Jun 07, 2008 11:44AM
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 - Sep 6
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