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Asia Preview: Will Australian Confidence Fail Again?
30Another rather dull Asian session is upon us – schedule wise – with only two major economic data points scheduled. The lack of economic releases is adding to thin trading
Federal Reserve Fails To Support USD Markets
30As expected, the US Federal Reserve opted to keep benchmark rates unchanged at 0.25%. The decision wasn’t without its surprises though. In a move that halted the equity market rally from this
Swiss Franc Breaks To New All Time Highs On Euro Fears
30For the fourth day in 5, the Swiss franc soared to new all time highs against the US dollar – reaching 0.7378 earlier in the session. And, the Swiss National
What’s Happening With Currencies – August 9th
30Global markets have stabilized a bit, as some investors who may have been short the last couple of sessions are taking their profits. The sentiment has helped to boost the
US Dollar Preview: Canadian Housing Continues Climb
30There isn’t much scheduled for the US session. But, what is scheduled will be important to both USD and CAD major currencies. First up will be Canadian housing starts for
Don’t Expect QE3 When The Fed Meets
30When the US Federal Reserve announces their interest rate decision on August 9th, the statement won’t include anything about plans for more quantitative easing. Instead, the comments following the decision
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Recent Market News
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Look For Japanese Yen Weakness
The USDJPY hasn't seen the light of day since April 27th, since hitting the 82.71 intraday...
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Watch Out For The Indian Rupee
5/3/2011 The Indian rupee rally against the US dollar is in trouble. At least for the i...
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The Euro Is Set For A Move Higher
5/4/2011 In a reversal of what has been seen for most of the quarter, US economic data di...
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AUD, MXN Taking A Beating
5/4/2011 The Australian dollar is taking quite a beating on the day - falling by about 80...
