| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
U.S. Financial Market Turmoil Continues to Beat Down Dollar
Thursday saw another round of U.S. financial market turmoil as problems surrounding Fannie Mae and Freddie Mac continue to dominate the news. These two stocks were down from the opening, dragging the rest of the market with them. Jul 10, 2008 6:12PM
Greenback Weakens amid Lingering Fears
The dollar was softer on Thursday, drifting lower to 1.5800 against the euro and 106.69 versus the yen. Fears of °ongoing financial turmoil, as described by Fed Chairman Bernanke in his Congressional testimony, continue to plague the currency. Nonetheless, Treasury Secretary Paulson tried to alle.... Jul 10, 2008 3:32PM
Daily currency analysis - Jul 10
The dollar wasunable to strengthen through 1.5650 against the Euro on Wednesday and weakenedto lows around 1.5750 before consolidation around 1.5730 later in New York.Oil and commodityprices rallied following the sharp decline seen on Tuesday and this tended toweaken the US currency slightly. In con... Jul 10, 2008 12:00PM
Fannie Mae and Freddie Mac Capital Problems Lead to Weaker Dollar
The EUR/USD rallied on Wednesday as traders worked out of long Dollar positions as financial losses at Fannie Mae and Freddie Mac led to speculation that the U.S. financial market crisis is worsening. Despite an attempt by Fed Chairman Bernanke earlier in the week to boost the Dollar by extending d... Jul 09, 2008 10:42PM
Daily currency analysis - Jul 9
135 per barrel duringthe day, although the impact was less than seen over the previous few weeks.There were nosignificant European data releases, but confidence in the Euro-zone dataremains generally weaker which is unsettling the Euro with fears over capitaloutflows. A sustained decline in energy p... Jul 09, 2008 12:00PM
Dollar Finds Support on Bernanke's Comment about Leaving Discount Window Open
Monday's rally in the EUR/USD came to a fast end on Tuesday as comments from Fed Chairman Bernanke turned the Dollar around. Traders had aggressively sold Dollars on Monday because of the developing financial problems at Fannie Mae and Freddie Mac. Jul 08, 2008 5:41PM
Dollar Edges Higher on Jawboning
The dollar edged up higher on Tuesday, rising to 1.5637 versus the euro and 107.51 against the yen as comments from Fed officials¡¯ added support for the greenback. Economic data released today included pending home sales and wholesale inventories. May pending home sales plunged sharply, down by..... Jul 08, 2008 4:02PM
Daily currency analysis - Jul 8
The dollar waslittle changed on Friday as trading volumes were curbed by the US holiday, butthe US currency advanced in Europe on Monday with highs near 1.5610. The dollarwas unable to sustain the gains and dipped to lows around 1.5750 in New York asrisk aversion increased following a sharp reversal... Jul 08, 2008 12:00PM
Dow Jones testing critical 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. Jul 08, 2008 4:04AM
Dow Jones nearing 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. Jul 08, 2008 4:03AM
Dollar Falls in Risk Aversion Scare
After a long holiday weekend, Euro traders picked up where they left off Thursday/Friday by selling the EUR/USD. Driven by the July 3 comments from ECB President Trichet, who shifted his tone from hawkish to dovish, sellers pushed the Euro back to close to 50% of the last rally from 1.5302 to 1.590... Jul 07, 2008 6:26PM
Dollar Eases, Awaits Fed Speeches
The greenback relinquished some of its gains versus the euro and yen, falling to 1.5752 and 106.64 by the New York afternoon. Last week's payrolls report, while disappointing, was largely in line with expectations and tempered fears that the non-farm payrolls figure would reflect a similar amount .... Jul 07, 2008 4:02PM
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
