Mon
20
Oct
Good Morning:
Today, Fed Chairman Bernanke will testify before the House Budget committee to discuss the status of the financial crisis. LIBORs this morning are lower, thus adding speculation that calm is beginning to enter into the credit markets.
World equity markets rose as higher crude prices helped the energy sector, and world governments continued to pour funds into the financial sector to ease the credit crisis.
read more
Related posts:
- New York Session
- 27/11/’07 – US National Housing Index & Consumer Confidence On Tap
- 11/3/2008 – the current marke sentiment
- Weekly Focus: Is the Decline in USD Disorderly?
- New York Session
Author:
Time:
Monday, October 20th, 2008 at 4:14 pm
Category:
Comments:
You can leave a response, or trackback from your own site.
RSS:
You can follow any responses to this entry through the RSS 2.0 feed.
Navigation:
October 20th, 2008 at 5:18 pm
[...] post by Alan’s Forex Blog – An Adventure In Currency Trading Related PostsForex Trading Forecasts – Three Reasons to Buy USD/CADThe Canadian dollar has been [...]