Forexperts Archives

The Week Ahead updated February 1, 2008c

Come again? The seemingly incongruent reaction is best explained, I think, through the lens of risk aversion. The unexpected loss of jobs reinforced fears that the US economy was tipping further towards recession, and this alarmed (Feb 01, 2008 5:02PM)

The Week Ahead updated January 25, 2008

You would certainly be forgiven if you’re feeling a bit like Linda Blair in ‘The Exorcist’ after this week’s market moves. I think my head has spun around at least twice in as many days and I reckon there are a few more spins ahead at (Jan 25, 2008 5:32PM)

The Week Ahead updated January 18, 2008

Stocks fell into the abyss this week as fears of a US recession mounted, even as US policymakers sought to assure markets they were intent on delivering both monetary and fiscal stimulus. To give you some historical context on the (Jan 18, 2008 10:01PM)

The Week Ahead updated January 11, 2008

The USD is finishing the week mixed against other major currencies, with gains against the JPY, GBP and CAD, but lower against EUR, CHF, AUD and NZD. US stock market declines continue to overshadow all other market (Jan 12, 2008 10:50AM)

The Week Ahead updated January 4, 2008

The first week of 2008 trading got off to an ugly start for currencies, and most other markets for that matter, with JPY-crosses trading sharply lower on heightened risk aversion in the face of data suggesting the US may slip into (Jan 04, 2008 5:22PM)

The Week Ahead updated December 28, 2007

The Greenback was crushed against most major currencies, with the EUR the primary beneficiary, as softer US data and heightened risk aversion led to heavy position liquidation. The USD’s collapse was exacerbated by reduced liquidity (Dec 28, 2007 3:43PM)

The Week Ahead updated December 21, 2007

The USD continued to firm against other major currencies this week, even as more sub-prime related losses were announced by major US investment banks. The USD’s gains are as much the result of other currencies being (Dec 21, 2007 4:14PM)

The Week Ahead updated December 14, 2007

The USD staged a strong rally late in the week, largely on the back of higher PPI and CPI readings and a stronger than expected Nov. retail sales report. At the same time, the outlooks for other major economies continued to deteriorate, with Germany’s IFO economic research institute lowering its 20... (Dec 15, 2007 6:49AM)

The Week Ahead updated December 7, 2007

The USD is closing the week largely unchanged against most major currencies, but the dollar did manage to sustain the break-out from its downchannel in the US dollar index from last week. (Dec 07, 2007 4:58PM)

The Week Ahead updated November 30, 2007

The USD managed to stage a rebound just one week after dropping to all-time lows in the US dollar index last Friday. It’s still too soon to indicate that the downside is over for the USD, but Friday’s price action generated a break of the primary daily trendline lower, which had been operative sinc... (Dec 04, 2007 10:31AM)

Lena Manousarides

Korman Tam

Sunil Mangwani

Hans S. Nilsson

• Michael Woolfolk, economist at Bank of New York
• 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

• Katarzyna Zajdel-Kurowska, polish deputy finance minister
• 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

• Robert Brusca, economist at FAO Economics
• 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