The Euro was more or less volatile inclining at the start of today’s session then gradually declining to end now…
Month: November 2007
Credit Fears Boost Yen
The break of 112.0 will increase the risk of short-term dollar losses to 110.0 against the yen. The Finance Ministry…
Yen Surges On Risk Aversion; Can US Import Prices Spark A Dollar Bid?
Both EUR/USD and GBP/USD held to 50 point ranges overnight, as minimal news flow left the pairs to consolidate yesterday’s…
Currency Currents: An Ugly Contest Indeed!
The dollar is getting hit against the Europeans and the yen. The yen is the big winner on the Chinese…
Forex – Dollar sinks after Bernanke speech
The dollar sank across the board, hitting a new 26-year low against sterling, in the immediate aftermath of comments from Federal Reserve Bank chairman Ben Bernanke. The central bank chief said the…
European Central Bank is not concerned by euro strength
Hmm, it appears the Euro keeps on rising and rising in value, but here is what the European Central Bank (ECB) has to say on this matter: A member of the European…
Daily Report: Dollar Weakens Further against European Majors after Bernanke
Dollar resumes decline against European majors on increased speculation for further rate cut from Fed in Dec. EUR/USD made new…
Shifting Trends Lead to China-Bashing and Rising Global Trade Tensions
Here is an interesting article produced by Mr. Eric Roseman from The Sovereign Society (By the way, I recommend you sign-up for their free newsletter). As you can tell by the title,…