International Business News - Fundamental Reports http://www.ibtimes.com/rss/feed/fundamentalreports.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/fundamentalreports.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif The Swiss franc appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the CHF 1.0070 level and was capped around the 1.0180 level. The pair is inching closer and closer to parity. Switzerland's Economiesuisse today predicted the Swiss economy will expand 0.7% in 2010 with unemployment rising to 4.9% and inflation printing around 0.7%. http://www.ibtimes.com/articles/20091123/react-inflation.htm http://www.ibtimes.com/articles/20091123/react-inflation.htm Mon, 23 Nov 2009 16:16:58 EST The British pound rallied vis-à-vis the U.S. dollar today as cable tested offers around the US$ 1.6645 level and was supported around the $1.6480 level. Traders again chased yield as gains in global equities markets fueled demand for riskier assets. http://www.ibtimes.com/articles/20091123/banking-system-crises.htm http://www.ibtimes.com/articles/20091123/banking-system-crises.htm Mon, 23 Nov 2009 16:15:21 EST The yen depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the ¥89.95 level and was supported around the ¥88.55 level. Japanese financial markets were closed overnight and will reopen tonight. Bank of Japan and the government remain embroiled in a disagreement about how best to address Japan's problem with deflation. http://www.ibtimes.com/articles/20091123/deflation.htm http://www.ibtimes.com/articles/20091123/deflation.htm Mon, 23 Nov 2009 16:13:11 EST The euro gained significant ground vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5000 figure and was supported around the $1.4850 level. Traders continue to hammer the U.S. dollar despite verbal intervention by U.S. and European officials intent on talking the greenback higher. Over the past couple of weeks, Federal Reserve Chairman Bernanke, Treasury Secretary Geithner, and European Central Bank President Trichet have reiterated their support for the lon... http://www.ibtimes.com/articles/20091123/fiscal-credibility.htm http://www.ibtimes.com/articles/20091123/fiscal-credibility.htm Mon, 23 Nov 2009 16:11:46 EST The dollar continued to decline following dovish comments from the US Federal Reserve. St Louis Fed President James Bullard stated yesterday that the central bank should continue with their mortgage related asset purchase programme, as many analysts look for governments to start making clearer their exit strategies. http://www.ibtimes.com/articles/20091123/daily-fx-report-monday-23rd-november.htm http://www.ibtimes.com/articles/20091123/daily-fx-report-monday-23rd-november.htm Mon, 23 Nov 2009 07:20:50 EST http://www.ibtimes.com/articles/20091123/fundamental-precious-metals-2009-11-23.htm http://www.ibtimes.com/articles/20091123/fundamental-precious-metals-2009-11-23.htm Mon, 23 Nov 2009 03:40:05 EST The British pound came off sharply vis-à-vis the U.S. dollar today as cable tested bids around the US$ 1.6460 level and was capped around the $1.6675 level. Bank of England's next Monetary Policy Committee interest rate decision will be released on 3 December and rate-setters are expected to keep interest rates unchanged with the main Bank Rate at 0.50%. http://www.ibtimes.com/articles/20091120/asset-purchase.htm http://www.ibtimes.com/articles/20091120/asset-purchase.htm Fri, 20 Nov 2009 17:08:46 EST The yen appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the ¥88.70 level and was capped around the ¥89.15 level. As expected, Bank of Japan's Policy Board kept its overnight call rate target unchanged at 0.1%. BoJ Governor Shirakawa said the government and the central bank share the view that prices will keep declining. http://www.ibtimes.com/articles/20091120/corporate-bonds.htm http://www.ibtimes.com/articles/20091120/corporate-bonds.htm Fri, 20 Nov 2009 17:03:56 EST The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4800 figure and was capped around the $1.4935 level. Many dealers attribute today's sell-off to a year-end unwinding of trades that chased higher-yielding assets at the expense of the U.S. dollar. http://www.ibtimes.com/articles/20091120/higher-yielding.htm http://www.ibtimes.com/articles/20091120/higher-yielding.htm Fri, 20 Nov 2009 16:57:38 EST The US dollar strengthened vs. most major currencies as a fall in global equities and commodities increased safe-haven flows. There is no economic data out of the US today. The euro fell against the dollar on increased risk aversion. Producer prices in Germany, Europe's largest economy, which fell 7.6% in October from the previous year. http://www.ibtimes.com/articles/20091120/daily-foreign-exchange-market-summary-20-11.htm http://www.ibtimes.com/articles/20091120/daily-foreign-exchange-market-summary-20-11.htm Fri, 20 Nov 2009 12:45:37 EST USD: Higher, investors are reducing risk exposure & deleveraging as equity markets trade lowerJPY: Higher, Japan's economy is back in deflation, BOJ upgrades its assessment of Japan's economy EUR: Lower, Trichet says too early to say if the crisis is overGBP: Lower, CBI warns on UK public debt, call... http://www.ibtimes.com/articles/20091120/daily-forex-report-usd-gains-as-stocks-remain-weak.htm http://www.ibtimes.com/articles/20091120/daily-forex-report-usd-gains-as-stocks-remain-weak.htm Fri, 20 Nov 2009 12:21:00 EST Risk appetite stayed weak in the Asian session, after Wall Street closed lower but, overall, most of the trading in currencies and commodities was well in their ranges. http://www.ibtimes.com/articles/20091120/ibtimes-advanced-currency-markets-acm-forex-fundamental-report-european-session-european-session-boj.htm http://www.ibtimes.com/articles/20091120/ibtimes-advanced-currency-markets-acm-forex-fundamental-report-european-session-european-session-boj.htm Fri, 20 Nov 2009 06:20:42 EST The JPY traded near a two week high versus the EUR after the biggest drop in global equities this month prompted investors to turn to the safety of the Japanese and U.S. currencies. http://www.ibtimes.com/articles/20091120/ibtimes-forexyard-jpy-daily-news-jpy-trades-near-two-week-high-versus-euro.htm http://www.ibtimes.com/articles/20091120/ibtimes-forexyard-jpy-daily-news-jpy-trades-near-two-week-high-versus-euro.htm Fri, 20 Nov 2009 06:09:44 EST The EUR and other higher yielding currencies declined Thursday as weakening confidence about the global economic recovery prompted investors to turn to the Dollar and Yen for safety. http://www.ibtimes.com/articles/20091120/ibtimes-forexyard-eur-daily-news-eur-struggling-rise-above50-level.htm http://www.ibtimes.com/articles/20091120/ibtimes-forexyard-eur-daily-news-eur-struggling-rise-above50-level.htm Fri, 20 Nov 2009 06:06:52 EST The Dollar gained versus the EUR and other higher yielding currencies on Thursday following the release of weak U.S. economic data and a steep drop in global equities. http://www.ibtimes.com/articles/20091120/ibtimes-forexyard-usd-daily-news-usd-gains-weak-us-economic-data.htm http://www.ibtimes.com/articles/20091120/ibtimes-forexyard-usd-daily-news-usd-gains-weak-us-economic-data.htm Fri, 20 Nov 2009 06:01:45 EST http://www.ibtimes.com/articles/20091120/fundamental-precious-metals-2009-11-20.htm http://www.ibtimes.com/articles/20091120/fundamental-precious-metals-2009-11-20.htm Fri, 20 Nov 2009 05:12:31 EST Risk Appetite takes a blow as stocks in Asia extended the biggest drop in global equities this monthThe Japanese yen rallies close to a six-week high against the dollar and the Australian and New Zealand dollars are set for their first weekly loss against the greenback on projections a weak global r... http://www.ibtimes.com/articles/20091120/eu-morning-report-risk-appetite-takesblow-as-asia-extended-biggest-drop-in-global-equities.htm http://www.ibtimes.com/articles/20091120/eu-morning-report-risk-appetite-takesblow-as-asia-extended-biggest-drop-in-global-equities.htm Fri, 20 Nov 2009 01:53:00 EST USD: Higher, risk appetite drops as stocks and commodities decline, fear of double dip recessionJPY: Higher, supported by safe haven demand, gains in cross tradeEUR: Lower, German Wiseman said Germany may be at risk to double dip recession in late 2010GBP: Lower, retail sales improve and public-sect... http://www.ibtimes.com/articles/20091119/daily-forex-report-usd-extends-gains-as-risk-appetite-falls.htm http://www.ibtimes.com/articles/20091119/daily-forex-report-usd-extends-gains-as-risk-appetite-falls.htm Thu, 19 Nov 2009 12:11:00 EST The US dollar strengthened on safe haven flows on the back of lower equity and commodity markets. The Philadelphia Fed. survey came in higher than expected at 16.7 much higher than the forecast of 12.3, while U.S. Initial jobless claims came in unchanged at 505.000 slightly higher than expected. In other news, Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices... http://www.ibtimes.com/articles/20091119/daily-foreign-exchange-market-summary-19-11.htm http://www.ibtimes.com/articles/20091119/daily-foreign-exchange-market-summary-19-11.htm Thu, 19 Nov 2009 11:59:19 EST The U.S dollar advanced against the EUR Thursday on speculation U.S. investors are bringing back overseas funds toward year-end and traders cut bets the greenback will weaken. http://www.ibtimes.com/articles/20091119/ibtimes-forexyard-usd-daily-news-usd-dollar-retreats-after-rally.htm http://www.ibtimes.com/articles/20091119/ibtimes-forexyard-usd-daily-news-usd-dollar-retreats-after-rally.htm Thu, 19 Nov 2009 06:54:00 EST