Forex News
Jul 23 2008, 10:37 - 0 Comments
On Tuesday, the Canadian dollar fell against the US dollar for all kinds of causes, which are a decline of the oil price, unsatisfactory Canadian retail sales, and hawkish statements by a Fed official.
Jul 22 2008, 09:34 - 0 Comments
Last week showed reasonably productive, reaching the objective on the Swiss Franc to acquiesce 160 pips and preceding the New Zealand Dollar trade 96 pips in the right path.
Jul 21 2008, 11:42 - 0 Comments
At the beginning of trade this week the Dollar was driven into a corner and seemed like it was about to fall down with the fear over the GSE bailout drove EURUSD to record highs at 1.6040.
Jul 20 2008, 11:30 - 0 Comments
Chances during foreign-currency-crosses are lot of the times unnoticed.
Jul 20 2008, 11:30 - 0 Comments
The announcement of Canadian purchaser spending statistics is probably telling that the Bank of Canada is going to let the rates remain untouched going forward, and might even think about lifting rates.
Jul 20 2008, 11:29 - 0 Comments
It has been a very unstable week for the US dollar, although compared to the start of the week, the exchange rate for the EUR/USD and USD/JPY has stayed almost untouched.
Jul 20 2008, 02:13 - 0 Comments
Forex Video by John Kicklighter, Currency Analyst
Citi's earnings beat expectations, helps lift the carry trade back to levels of resistance.
Next week's docket fills out with UK 2Q GDP, a RBNZ rate decision, Australian CPI and Canadian retail sales promising action.
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Jul 17 2008, 10:47 - 0 Comments
Just one month ago, the market was completely pricing in no less than a rate hike from the Fed by the end of this year by a large 77 % possibility of a quarter-point lessening by August 5th.
