| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Greenback Relinquishes Gains on Oil
The dollar backed away from its gains versus the majors by afternoon New York trading, relinquishing a five-week high against the euro at 1.5523 to fall back near the 1.56-handle. The greenback initially received a boost from the better-than-expected ADP private sector payrolls report but later suc... Jul 30, 2008 3:32PM
5.7bn debt write-down. The dollar was slightly weaker at 107.40 with the yensecuring some respite on the crosses as Asian equity markets fell. The Japanese labour-market data was weaker than expectedwith a rise in unemployment to 4.1% from 4.0% while there was a 1.8% annualdecline in household spend... Jul 30, 2008 12:00PM
Dollar Turns Higher on Consumer Confidence
The EUR USD fell sharply lower on Tuesday after U.S. Consumer Confidence increased. This unexpected change reduced concerns that the U.S. was headed for a recession. Jul 29, 2008 5:38PM
The greenback rallied across the board in the Tuesday, pushing the euro lower by over two big figures to 1.5554 - its highest level in a month and rising to 108.30 against the yen. A combination of a further retreat in oil prices and a better-than-expected reading in the Conference Board's consume.... Jul 29, 2008 3:32PM
Daily currency analysis - Jul 29
The dollarconsolidated around the 1.57 level in early Europe on Monday, but was unable tomake any headway and dipped to lows near 1.5770 ahead of the US open.The US currencywas unsettled to some extent by comments from regional Fed President Stern whostated that the credit crunch could last for the ... Jul 29, 2008 12:00PM
Sandy Jadeja is Chief Market Strategist for www.ODLMarkets.co.uk and can be reached at sjadeja@odls.com Jul 29, 2008 5:31AM
Capital Market Woes Weigh on Dollar
The EUR USD rallied on Monday as traders sought the safety of the Euro after credit problems in the U.S. once again became an issue. Traders are again looking at the potential for more U.S. financial firm losses. More losses are expected to slow economic growth and reduce the chances for an intere... Jul 28, 2008 6:27PM
FX Consolidates ahead of Key Data Week
The foreign exchange market consolidated at the start of the week amid little fresh economic data for traders to digest. The dollar was mixed early in the New York session, edging up slightly toward 1.5735 against the euro while easing off its overnight high versus the yen just above the 108-level ... Jul 28, 2008 3:02PM
Daily currency analysis - Jul 28
The dollarweakened to lows just beyond 1.5750 in European trading on Friday beforefinding renewed buying support. The US currency was underpinned to some extentby a decline in oil prices over the day, although the impact was limitedThe US datareleases were consistently stronger than expected which a... Jul 28, 2008 12:00PM
Daily currency analysis - Jul 27
The dollar tradedjust stronger than 1.57 in early Europe on Thursday ahead of key European datareleases.The German IFOsurvey weakened to 97.5 in July from 101.3 which was a three-year low and willreinforce fears over a sharp German slowdown. The Euro-zone PMI data was alsoweak with the indices well ... Jul 27, 2008 12:00PM
Daily currency analysis - Jul 26
The dollar tradedjust stronger than 1.57 in early Europe on Thursday ahead of key European datareleases.The German IFOsurvey weakened to 97.5 in July from 101.3 which was a three-year low and willreinforce fears over a sharp German slowdown. The Euro-zone PMI data was alsoweak with the indices well ... Jul 26, 2008 12:00PM
The Week Ahead from Gain Capital/FOREX.com - July 25, 2008
USD strengthens across the board; looking for more to come The USD recovered broadly against other major currencies this week as the GSE panic subsided further and oil and other commodity prices continued their sharp retreat. US 2Q bank earnings reports also came in generally better than expected,... Jul 26, 2008 11:10AM
Stronger Than Expected U.S. GDP Supports Dollar
A stronger than expected U.S. Gross Domestic Product (GDP) report helped the U.S. Dol... 
James A. Hyerczyk
The dollar gained ground against the majors in the Thursday session, rising to its hi... Korman Tam
Daily currency analysis - Aug 28
The Eurostrengthened in Asian trading on Wednesday and pushed to a high of 1.4775agai... Darrell Jobman
Dow Jones fails yet again at the key resistance level…
Sandy Jadeja is Chief Market Strategist for ODL Markets and founder of www.Spreadbett... Sandy Jadeja
