Archive for November, 2007

Weekly Focus: The ECB Faces a Dilemma ahead of the Meeting

Friday, November 30th, 2007

The ECB’s dilemma has grown in the past month. While the credit crisis has flared up once more and money…

FX Briefing: Signs of a US Economic Slowdown

Friday, November 30th, 2007

During the course of the week, the dollar regained some ground. EUR-USD slipped from over 1.48 to around 1.477, USD-JPY…

Weekly Market Commentary

Friday, November 30th, 2007

Another volatile week where equity indices rallied very strongly from critical support on hopes that another round of rate cuts…

Australian & New Zealand Weekly: RBA on Hold; Fed to Cut 25 in Dec; 25 in Jan

Friday, November 30th, 2007

The RBA Board meets next week on December 4 and we do not expect any policy change to result from…

Daily Forex Technical Report – Dollar Steady after Bernanke Signaled Rate Cut

Friday, November 30th, 2007

Forex Daily Technical Report Dollar Steady after Bernanke Signaled Rate Cut Yen and Swissy weakens mildly today as risk aversions abates following dovish comments from Fed Chairman Bernanke. Dollar remains in tight range against Euro and Sterling. In a speech overnight, Bernanke said that outlook has been “importantly affected over the past month by renewed turbulence in financial markets” and policy makers should judge whether balance of risks has shifted. Bernanke also noted there are

Strategic Portfolio

Friday, November 30th, 2007

After setting new highs in EURUSD during Thanksgiving, the past week has been impacted by a significant buying interest of…

Mid-Day Report: Yen Weakens Further on US Rate Cut Expectations

Friday, November 30th, 2007

Yen is the major mover in an otherwise quiet market today. Expectation of rate cut from Fed remains the major…

Will Canadian GDP Take USDCAD Above Parity?

Friday, November 30th, 2007

Trading the News: Canadian Annualized GDP (3Q) What’s Expected Time of release: 11/30/2007 13:30 GMT, 08:30 EST Primary Pair Impact : USDCAD Expected: 2.3% Previous: 3.4% How To Trade This Event Risk The global, economic docket for Friday’s New York session will be dotted by a number of indicators. However, the only truly market-moving report scheduled for the period will be the September and third quarter growth numbers for Canada. The world’s eighth largest economy accelerated in the first


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