Archive for June, 2008
Tuesday, June 24th, 2008
Oil futures were trading higher early Tuesday at the New York Mercantile Exchange, assisted by U.S. dollar weakness and concerns that a Nigerian labor dispute could hinder global crude supplies.
However, West Texas crude for August delivery recently retraced the bulk of its gains and was ahead by 17 cents at ...
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Tuesday, June 24th, 2008
US consumer confidence, as measured by the Conference Board, fell to a fresh 16-year low of 50.4 in June from 58.1. The news was much worse than expected, as the index was forecasted to slump to 56.0. A breakdown of the report shows sentiment on the present situation, future, and ...
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Thursday, June 12th, 2008
Rising oil prices mixed with fading growth prospects pressed on the US dollar, and led the currency to weaken against all of its major counterparts. In the fray, the commodity currencies picked up minor gains against the greenback though oil prices rose above $136/bbl. The low ...
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Tuesday, June 10th, 2008
Forex options are a great way to invest in the forex. This introduction will give you the basic information you need to start understanding forex options and how they can be a great tool for risk control and speculation.
About trading forex options
Forex options are available from certain forex ...
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Thursday, June 5th, 2008
As anti-dollar sentiment reached its peak mid-March, the Swiss Franc overcame parity with the US dollar to reach a historic low at 0.9644. The franc derived additional strength from its status as a safe-haven currency, gaining additional momentum as the dollar sell-off intermingled with intense bouts of ...
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Thursday, June 5th, 2008
by KBC Market Research Desk
KBC Bank
On Thursday, EUR/USD extended its correction lower. This was mostly technically driven. The intra-day (inverse) correction between de dollar and oil prices was far less obvious than on Wednesday, even if it is often mentioned as the explanation for the move. ...
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