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GBP/USD Fundamental Outlook at 1500 GMT (EST + 0500)
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The British pound appreciated vis- Today 3:16 PM EST
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CNY/USD Fundamental Outlook at 1500 GMT (EST + 0500)
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The yen depreciated vis- Today 3:15 PM EST
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EUR/USD Fundamental Outlook at 1500 GMT (EST + 0500)
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The euro moved higher vis- Today 3:13 PM EST
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Europe Steps up Bail-Out Efforts
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The euro and sterling rallied sharply in the holiday-thinned Monday session, climbing above the 1.36-level and 1.74-handle against the dollar. The sharp gains were triggered by the unveiling of a $2.... Today 3:02 PM EST
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Euro rallies as European leaders agree to guarantee bank borrowing - Oct 13
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The single currency rallied against the greenback and the Japanese yen to 1.3685 and 137.77 respectively on Monday as European leaders agreed to guarantee bank borrowing. European policy makers pledge... Today 12:56 PM EST
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61.3bn the previousmonth
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61.3bn the previousmonth. There was a drop in both imports and exports over the month and the declinein industrial trade will reinforce fears over the US and global economic trends.The credit andstock... Today 12:00 PM EST
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Chart of the Day - 10/13/2008 - USD/CHF
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Recent price action on the USD/CHF, a daily chart of which is shown, appears to have exhausted much of the upward momentum that has characterized this pair in the last several weeks Today 11:15 AM EST
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Market Directions - October 12, 2008
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The week past may have been the most wrenching in the history of US equities. From Monday to Friday the Dow lost 18.1%, the S&P 18.2% and the NASDAQ 15.3%. European and Asian bourses had their wors... Today 10:52 AM EST
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The Risk Today - Oct 13
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EurUsd Last week strong pressure hit strong support 1.3666 December 2004 high and broke below 1.3500. Market strongly rebounded this morning over 1.3600. Initial resistance holds 1.3666 former support... Today 10:41 AM EST
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Group of Seven set out a plan of action to stem the crisis
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After stock markets around the world suffered their worst ever weekly losses last week, leaders from Group of Seven rich nations set out a plan of action to stem the crisis and European leaders agreed... Today 10:39 AM EST
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