| Global Interest Rates | |||
Australia |
4.25% | ||
Canada |
2.25% | ||
EMU |
3.25% | ||
Japan |
0.3% | ||
Swiss |
1% | ||
England |
3% | ||
US |
1% | ||

Chief Currency Strategist at FOREX.com
Oil prices gained nearly 8% this week after a US investment house issued a report suggesting a ‘super-spike’ might be unfolding that could eventually see prices rise into the $150-200/bbl range. Rebel attacks in Nigeria, which (May 09, 2008 6:11PM)
The financial media is abuzz with the Great Dollar Recovery story, but the real news traders need to focus on is the fall in the EUR. The USD is relatively stable at weak levels against most other major currencies—AUD/USD is only (May 03, 2008 2:07PM)
Many in the media and the market are pointing to the USD’s gains this week as a turnaround for the beleaguered greenback. But I think a better way to view this past week’s developments is in the context of sudden shifts in ECB rate (Apr 26, 2008 12:56PM)
- Banks lose billions more, but the worst is past; dont buy it - The Big Disconnect: Fundamentals weaken, but risk is back on - Market tests G7 resolve on USD weakness/EUR strength - Key data an... (Apr 19, 2008 8:43AM)
- After the G7, where for the EUR and USD? - A Different path for Asian currencies (JPY) - Risk aversion returns, but not yet extreme Please note: This report has been prepared before the G7 com... (Apr 14, 2008 10:21AM)
- Rebound in risk appetites looks set to falter - EU Finance Ministers meeting this weekend; G7 next Friday - BOE and ECB interest rate decisions - Key data and events to watch next week Reboun... (Apr 05, 2008 11:59AM)
It was an eventful week to put it mildly: the fifth largest US investment house effectively vanished overnight; the Fed cut rates another Âľ%; US stocks fell to new lows but then recovered sharply; commodities fell back to earth in the (Mar 24, 2008 9:26AM)
The USD’s plunge accelerated further this week, with EUR/USD vaulting over 1.55 to nearly 1.57 and USD/JPY dropping under 100 for the first time since 1995. Gold prices traded through the $1000/oz. level and the Swiss franc hit (Mar 15, 2008 2:23PM)
The USD continued to decline for most of the week, buffeted by weakness in the ADP national employment report and a downbeat Beige Book, with a hawkish ECB thrown on top for good measure. Friday’s NFP report vindicated (Mar 07, 2008 5:42PM)
The dollar gave up further ground against other major currencies as fresh signs of economic slowing materialized, but the overall ranges continue to hold. US data mostly came in on the weak side, while data elsewhere generally (Feb 23, 2008 12:24PM)
USD strength that was evident late last week fizzled in the face of fresh signs of economic weakness and ongoing uncertainty over the near-term outlook. January advance retail sales printed better than market expectations, but after (Feb 15, 2008 8:33PM)
For several months now I have been cautioning that ECB Pres. Trichet was blowing smoke when he threatened to keep raising interest rates to fight inflation, even as Eurozone growth was slowing. Trichet finally gave up the (Feb 08, 2008 7:40PM)
Thomson Financial News - "The dollar appears set for a period of renewed stability in 2008 as long as interest rate differentials and the US credit crisis do not deteriorate any further."
Michael Woolfolk
Thomson Financial News - "The biggest threat for inflation next year remains fuel prices and rising global demand for agricultural produce. We can, however, assume that together with a likely fall in food prices in the second half of next year inflation will start to fall. It is clear that the recent rise in inflation is due chiefly to ri...
Katarzyna Zajdel-Kurowska
Reuters - "This is still a big deficit even though we had some modest reduction. Some of that progress is due to the fact that imports have been restrained and the economy is weakening."
Robert Brusca