The yen rose sharply across the board on rising concerns over the credit market. The currency hit a 1
Foreign Exchange Market Daily Update
There is mixed news on the U.S. dollar front this morning ahead of the Veteran’s Day holiday weekend. Initially, the…
Dollar Firms on Carry Trade Unwind, but US Economic Outlook Worsens
The US dollar posted a modest rebound on the day’s trade, as a sharp sell-off in the Dow Jones Industrial…
Canadian Trade Stumbles in September
The unprecedented Canadian dollar appreciation has dampened the past performance and future prospects of Canadian exporters. This was clearly evident…
U.S. Market Update
Credit woes resurfaced throughout the major money centers on Friday, which sent off a fresh wave of unwinding of JPY…
Major Market Movers: The Battle Continues
As for the University of Michigan Confidence for the month of November, the reading showed a dreadful 75.0 making it…
University of Michigan Consumer Confidence Falls to 2-year Lows
University of Michigan Consumer confidence fell to its lowest levels since October, 2005, as consumers grew sharply less optimistic about…
Forex Fundamental Outlook
Data released in the U.S. today saw the September trade balance narrow to -US$ 56.45 billion from -US$ 56.8 billion…