| 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 - May 30
The Euro was blocked close to 1.5660against the dollar in Asian trading on Thursday and then weakened sharply tolows below 1.55 in New York.The moves in oil and gold prices were againclosely tied with the dollar trend during the day. Oil prices recoveredtemporarily after the latest US inventory data... May 30, 2008 12:00PM
Hawkish Comments by Fed Sink Euro; Bond/Bund Spread Narrows
On Thursday, the U.S. government reported that the gross domestic product was stronger last quarter than initially estimated. This report helped spark an initial break in the EUR/USD. Tumbling crude oil prices later in the morning helped drive the Euro lower. May 29, 2008 6:20PM
Daily currency analysis - May 29
The Euro pushed higher in early Europeantrading on Wednesday, but again was subjected to selling pressure on gains and,after peaking close to 1.5760, the currency dipped sharply.The Euro advanced initially after strongerthan expected regional German inflation figures. The data from the statesrecorde... May 29, 2008 12:00PM
Q1 was revised higher to +0.9% from previous 0.6% mainly due to rising net exports and higher business investment. May 29, 2008 9:44AM
EUR/USD Reversal Top Confirmed
The EUR/USD confirmed Tuesday's closing price reversal top with the break on Wednesday. The charts indicate a move to 1.5550 is likely before new buyers step in. May 28, 2008 5:32PM
USD Buoyed on Durable Goods Orders
The dollar extended its gains versus the euro and yen on Wednesday, but struggled to carry over that strength against the sterling and Aussie. US economic data released earlier today propped the greenback up near the 1.56-level against the euro and 105.29 versus the yen. Durable goods orders for A... May 28, 2008 3:02PM
Daily currency analysis - May 28
Following very limited holiday-hit tradingon Monday, the Euro tested levels above the 1.58 level in early Europe onTuesday. The dollar moves were again influenced strongly by oil and gold-pricemoves, although leadership was difficult to discern.After the weak Euro-zone data at the end oflast week, t... May 28, 2008 12:00PM
EUR/USD Falls as German Confidence Declines
The greenback gained in NY trading Tuesday despite lower-than-expected US consumer sentiment and continued weakness in the US housing market. The yen and Swiss franc fell as US equity prices rose May 27, 2008 10:39PM
Another Reversal Top in EUR/USD Sets Up Further Decline to 1.5550
The EUR/USD fell sharply lower on Tuesday as this pair received a double-dose of negative news. A combination of bearish factors today including weakening Euro Zone consumer confidence and better than expected U.S. new home sales triggered strong selling after the Euro failed to hold small gains ab... May 27, 2008 6:40PM
The greenback kicked off the holiday-shortened week higher against the majors, edging up to 104.32 versus the yen and 1.5703 against the euro on the heels of mixed US economic reports earlier in the session. New home sales in April reversed an 8.5% decline in March, improving by 3.3% to 526k units.... May 27, 2008 2:32PM
Daily currency analysis - May 27
The dollar was unable to hold stronger than 1.57 againstthe Euro on Friday and drifted weaker during the day with a low around 1.5790.Trading conditions were generally subdued with a reluctance to take on additionalpositions ahead of the US holiday weekend.US exiting homes sales data recorded a smal... May 27, 2008 12:00PM
What’s next for the dollar? Will this week’s data support further gains for the greenback?
Another week is starting, with US and UK markets close on Monday due to holiday. The activity in the currency markets was very small, with thin liquidity the main event of the day. May 27, 2008 9:43AM
Daily currency analysis - Jul 4
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
