| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Jawboning in recent sessions has propped the greenback sharply higher across the board, with the currency hovering near 107.40 against the yen and 1.5450 versus the euro. The verbal intervention of late consisted of commentary from Fed officials and US Treasury Secretary Paulson, which strongly ben... Jun 10, 2008 3:02PM
Daily currency analysis - Jun 10
5bn in additionalcapital which lessened immediate fears over the financial sector.The rise in US yields helped push the dollar to highsaround 106.30 in New York and choppy trading conditions are liable to continuein the short term. Some degree of resilience for carry trades will tend to limityen sup... Jun 10, 2008 12:00PM
Dow Jones falls sharply into 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 10, 2008 4:44AM
U.S. Treasury Department Fires Back at ECB
The U.S. Treasury, the guardian of the U.S. Dollar, finally stepped up to the plate and took a hard swing to counter ECB President Trichet's extremely hawkish comments last week regarding an interest rate hike in July. Jun 09, 2008 7:12PM
USD Rallies on Jawboning, Housing Data
The dollar rallied sharply against the majors at the start of the week as traders focused on US economic reports released in the morning, breaking through the 106-level versus the yen. Propping the greenback higher today was an unexpectedly stronger report on pending home sales, prompting speculati... Jun 09, 2008 3:32PM
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
Daily currency analysis - Jul 6
The US currency edged stronger in European trading onWednesday, but was unable to sus... 
Darrell Jobman
Trichet Turns Dovish; Traders React By Selling the Euro
The ECB hiked its benchmark interest rate to 4.25% as expected in an effort to stem a... James A. Hyerczyk
The dollar rallied sharply against the euro in New York trading, rebounding from 1.59... Korman Tam
