Archive for March, 2008
Tuesday, March 18th, 2008
via Yahoo! Finance
The dollar plunged in Asian trade Monday on fears that the credit crunch could claim more victims on Wall Street, hitting a record low against the euro and a 12-year trough versus the yen, dealers said.An emergency rate cut by the US Federal Reserve only added to the ...
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Tuesday, March 18th, 2008
[youtube:http://www.youtube.com/watch?v=kL5Dc-rUxBs]
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Thursday, March 13th, 2008
via DailyFX
• Euro Hits a High Above 1.56, SNB Keeps Interest Rates Unchanged
• Australian and Canadian Dollars Scream Higher as Gold Hits $1000 and Oil Hits $111
Will the US Dollar Double Dip?
For the first time in over a decade, one US dollar bought less than 100 Japanese Yen. USD/JPY dropped to ...
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Wednesday, March 12th, 2008
via China.com
The U.S. dollar rebounded across the board Tuesday after the U.S. Federal Reserve and other central banks announced new measures to inject liquidity into stressed financial markets.
The dollar had slumped to a new low against the euro during the session on the report that German investor confidence jumped in ...
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Sunday, March 9th, 2008
via FXStreet.com
The China Foreign Exchange Trade System published the following official central parity rates for major currencies against the yuan Monday:
Monday ...
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Friday, March 7th, 2008
Commentary by Peter Pontikis, Suncorp-Metway Tresury Strategist:
[youtube:http://www.youtube.com/watch?v=dU36eHUDTHs]
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Thursday, March 6th, 2008
via Yahoo! Finance
The US dollar has fallen to a record low against the Euro and there are at least 5 reasons why the weakness will continue. The first is the most immediate, which is tomorrow’s non-farm payrolls report. Although the market is looking for a rebound in job growth, we ...
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Tuesday, March 4th, 2008
via Action Forex
A rise in the value of the Australian dollar was due mainly to higher export prices and not higher interest rates, Reserve Bank of Australia deputy governor of economics Malcolm Edey says.
Asked at a conference in Sydney on Tuesday whether the high exchange rate was putting undue pressure ...
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Sunday, March 2nd, 2008
via Action Forex
NEW DELHI: Rupee is unlikely to appreciate as sharply this year as last year, when its gains were 'extraordinary' and the economy will grow close to 9%, FM Chidambaram said on Sunday. While he aims to contain inflation at about 4%, this would depend on how world food ...
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