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ACM Advanced Currency Markets Forex Analysis Archive

Below you will be able to search the entire forex analysis archive added by ACM Advanced Currency Markets . You may filter the results, by category and year.
 
Categories: Market Analysis - Fundamental - Technical - Futures - Central Banks   | 2007 - 2008
 
On 03-09-2008
Dollar rose boosted by Oil sharp drop and outlook of other major global economies.
The Dollar rose on Tuesday, boosted by a sharp drop in oil prices and persistent concerns about the health of other major global economies. The theme driving global financial markets on Tuesday was... Read More

On 01-09-2008
Sterling lost 8.61% in August vs Dollar, its largest monthly drop since 1992
The Dollar rallied against a currency basket on Friday, posting its best monthly gain in 16 years, boosted by a batch of data showing a far more stable growth path for the United States than the re... Read More

On 28-08-2008
ECB’s Weber reopens speculation about interest rate increase despite FOMC suggestion for a Federal Reserve rate hike
ECB’s Weber reopens speculation about interest rate increase despite FOMC suggestion for a Federal Reserve rate hikeThe Dollar tumbled from six-month peaks ... Read More

On 27-08-2008
Dollar rallied to a 6-month high on raising concerns of recession in euro-zone
The Dollar has extended its rally of the past month, touching a 2008 high against a basket of currencies on the view that economic weakness, once US, is spreading globally. A jump in US consumer co... Read More

On 26-08-2008
Investors unwinding risks on lower US financial stocks
The Dollar dropped against the Yen on Monday, pressured by sharp losses in US equities as remaining credit worries forced investors to reduce risky trades. Dollar gained against the Euro and Sterli... Read More

On 25-08-2008
Dollar rose Friday helped by lower Crude Oil prices and Warren Buffer comments.
The Dollar surged on Friday, recovering from the previous day's losses, as gloomy British growth data backed views of a slowing global economy and raised prospects of interest rate cuts outside the... Read More

On 22-08-2008
Investors hunt Yen and Swiss Franc on renewed US Financial worries.
The Dollar fell broadly on Thursday as worries of wider credit-related losses at some US financial firms made investors abandon risky trades, starting a rally in the Yen and Swiss Franc. They tend to ... Read More

On 21-08-2008
Market is looking for Euro-zone and Britain for more evidence of slowing growth.
The Dollar rose on Wednesday, reversing a two-day losing markets, supported by views that slowing global economic growth would prompt a wave of interest rate cuts outside the United States. It gain... Read More

On 20-08-2008
Crude Rises on hurricane fears in the US, USD rises after yesterdays data-led correction
US Housing starts initiated a Dollar correction against majors yesterday, while hurricane fears in the U.S pushed Crude higher. Gold rose above $810/o.z on both strong demand and dollar slump. Toda... Read More

On 19-08-2008
Gold led commodities higher and weaker US stocks also weighed on the Dollar.
The Dollar eased off against the Yen on Monday, stopping an 11-day advance as falling stocks and rebounding gold saw investors skim profits off a recent rally. Weaker US stocks also weighed on the cur... Read More

On 18-08-2008
Dollar posted 5-week gains against Euro
The Dollar jumped to a 6-month high against the Euro on Friday, helped by another drop in oil prices and growing views the US economic slowdown may be bottoming while growth in the euro zone stalls... Read More

On 15-08-2008
Renewed weakness in oil prices and a break of 1.4850
The Dollar rallied to an almost six-month high against the Euro on Thursday amid growing concern over euro zone economic weakness and accelerating inflation in the United States. Traders sold the Euro... Read More

On 13-08-2008
Dollar demand waned on Tuesday after US trade deficit unexpectedly shrank in June
The Dollar slipped against the Euro on Tuesday, breaking a five-session rally as investors locked in profits ahead of key economic data later in the week. EurUsd has already dropped 4.11% this mont... Read More

On 12-08-2008
Signs of economic slowdown in Europe, Asia and Australia reduced outlooks for higher interest rates and boosted demand for Dollar
Signs of economic slowdown in Europe, Asia and Australia reduced outlooks for higher interest rates and boosted demand for DollarThe Dollar rallied to a five-and-a-h... Read More

On 11-08-2008
Dollar posted it biggest one-day gain against majors on changing interest and economic outlook
The Dollar rallied on Friday, posting its biggest one-day gain versus the Euro in 7-1/2 years as the Market changed outlook on interest rate amid signs the US slowdown was spilling over to the global ... Read More

On 08-08-2008
Dollar rose broadly against majors on surprising data and lower expectations for ECB rate increase
The Dollar rose broadly and hit a 5-1/2-month high against a basket of currencies on Thursday, bolstered by a surprise rise in June Home sales and diminished expectations for euro zone interest rate i... Read More

On 07-08-2008
ECB and BOE are both expected to leave rates steady
The Dollar rose for a fourth straight day overall to a seven-month peak versus the Yen and a six week high against the Euro on Wednesday, as the slide in oil prices to a new three month low raised hop... Read More

On 06-08-2008
FOMC kept rate steady at 2% as expected
The Dollar climbed to seven-week peaks against the Euro and major currencies on Tuesday, as oil prices plunged and the Federal Reserve maintained its focus on slowing persistent US inflation pressu... Read More

On 05-08-2008
Euro/Dollar would trade in narrow ranges before Fed’s decision today and ECB meeting on Thursday
The Dollar rose against the Yen on Monday as the Oil price's drop to a three-month low and some better US economic data generated optimism about the economy outlook. But caution ahead of Tuesday's Fed... Read More

On 04-08-2008
Dollar rallied last week on better economic data and lower stress in financial markets
The Dollar climbed to five-week peaks against the Euro and three-week highs against the Sterling on Friday as better-than-expected economic data reduced worries about a much sharper slowdown. The Yen ... Read More

On 31-07-2008
FX market focus on tomorrow Non-farm payrolls after ADP report gave a positive picture
The US dollar continued its recovery of the past ten days on Wednesday, helped by very good private sector jobs report for July and ongoing efforts from central bank officials to ease stress in financ... Read More

On 30-07-2008
Dollar rallies to one-month high on Oil drop and Confidence rise
The Dollar soared to a one-month high against a basket of currencies on Tuesday, benefiting from a steep drop in oil prices and an unexpected rise in US consumer confidence. Analysts said Merrill Lync... Read More

On 29-07-2008
US financial turmoil is worsening but FX market await data later this week
The Dollar eased on Monday, amid concern losses at US financial companies will continue to weigh on the slowing economy, after Merrill Lynch said Lehman Brothers may post a loss in the Q3 and take an ... Read More

On 28-07-2008
Market is looking for direction with lower Crude Oil and better US data
Last week upbeat readings on US durable goods orders, new home sales and consumer sentiment released buoyed the Dollar by lifting some of the gloom over the US economy. The ongoing slide in crude oil ... Read More

On 25-07-2008
Dollar was under pressure after disappointing housing sector news
The Dollar fell against the Yen on Thursday, dragged down by disappointing news in the US housing sector and steep losses on Wall Street. However, the Dollar was slightly higher against the Euro, w... Read More

On 24-07-2008
Dollar rallied on Wednesday supported by drop in Oil prices and improved confidence in financial sector
The Dollar rallied to a one-month peak against the Yen and a two-week high against the Euro on Wednesday, supported by a further drop in Oil prices and improved confidence in the US financial sector. ... Read More

On 22-07-2008
Forex market believe the worst of the problems in the US financial system are not yet over
The Dollar fell near a record low against the Euro as investors believe the worst of the problems in the US financial system are not yet over. While the Dollar has recovered somewhat after better resu... Read More

On 21-07-2008
Dollar ended last week higher after smaller-than-expected loss from Citigroup
The Dollar rose on Friday, heading for its largest weekly gain versus the Euro in a month, after a smaller-than-expected quarterly loss from Citigroup eased worries about the US financial sector. The ... Read More

On 18-07-2008
Oil prices plunge $5. Financial market turmoil has weighed on Dollar.
The Dollar surged against the Yen on Thursday and erased earlier losses versus the Euro as Oil prices plunged and investors worried that high energy costs and financial market turmoil were slowing glo... Read More

On 17-07-2008
FX market Dollar fears receded after Oil slide and Wells Fargo results
Investor attention remains focused on the turmoil around Fannie and Freddie and fears about more credit losses at regional banks drove the Dollar sharply lower a day ago, with the Euro hitting a recor... Read More

On 16-07-2008
Dollar fell to record low against Euro on persistent US financial sector worries.
Dollar fell to record low against Euro on persistent US financial sector worries.The Dollar fell to a record low against the Euro on Tuesday amid persistent fears ov... Read More

On 15-07-2008
Dollar stays weak near record lows on concerns about health of financial and housing sectors.
The Dollar rose from a near record low against the Euro on Monday after the United States announced an emergency plan to restore confidence in mortgage finance companies Fannie Mae and Freddie Mac.... Read More

On 11-07-2008
US financial sector worries. Bank of England left rates unchanged
The Dollar fell against the Euro on Thursday, dragged down by persistent worries over the health of US financial sector, as shares and bonds of the country's two mortgage finance giants tumbled on cap... Read More

On 10-07-2008
Middle-east tensions undermine US Dollar. BoE rate decision due today.
Dollar fall Wednesdays following a rise in oil prices and continued concerns over the financial health of banks and mortgage lenders. Wall Street fell over 2% as rumours abound that investment banks s... Read More

On 09-07-2008
Dollar rose on Bernanke comments and Crude Oil drop
The Dollar rose on Tuesday as Bernanke said the Fed was considering extending the duration of the central bank's facilities for primary dealers into 2009 calming fresh credit concerns and encouraged i... Read More

On 08-07-2008
Dollar is mixed against US stocks recovery and renewed credit worries.
Lehman Brother cautioned on Monday that accounting changes could force Fannie Mae and Freddie Mac to raise capital at a difficult time. Both Shares plunged, dragging US financial shares and the broade... Read More

On 07-07-2008
Dollar edged up ahead of G8 comments and last week Oil record high
The Dollar edged up to a one-week high versus a basket of major currencies on Monday, on speculation that comments from G8 officials could push Oil prices further away from last week's record highs. T... Read More

On 03-07-2008
Dollar dropped after ADP report ahead of early US jobs release
The Dollar dropped against the Euro on Wednesday after a report showed the US private sector shed more jobs than expected in June. The ADP Employer Services data, which showed the largest drop since N... Read More

On 02-07-2008
Dollar fell in volatile market ahead of ECB rate outlook
The Dollar fell against the Euro and was little changed against the Yen on Tuesday in a volatile session as investors debated the outlook for the US economy while anticipating a rate hike from the ... Read More

On 30-06-2008
Dollar fell to 3-week low as Oil surged to record high and US stock dropped.
The Dollar fell to three-week lows against the Euro on Friday, dented after Oil prices surged to a record high, data showed US consumer sentiment hit a 28-year low and Wall Street stocks extended thei... Read More

On 26-06-2008
FX market turn over Euro as FOMC left rates on hold
The FOMC left rates on hold at 2% which was widely expected but voiced their growing concern about inflation but also said that they expect price pressure to moderate through the year. These commen... Read More

On 25-06-2008
Dollar weakens 16-year low US Consumer Confidence
The Dollar retreated on Tuesday as a lower US consumer confidence, 16-year low in June, and declining home prices raised doubts about the Federal Reserve's ability to hike interest rates to stem in... Read More

On 20-06-2008
Dollar rose as Oil prices retreat
The Dollar rose versus the Euro on Thursday, helped by a sharp drop in crude Oil prices to 131.93 and a surge in British retail sales that caused traders to offload the European single currency to buy... Read More

On 19-06-2008
Dollar edged lower as investors downward August rate outlook
The Dollar edged lower on Wednesday as investors adjusted their interest rate outlooks for the United States and the euro zone after conflicting economic data and monetary authorities toned down threa... Read More

On 17-06-2008
Dollar fell on Monday on expectation of an ECB interest rate hike next month.
The Dollar fell against the Euro on Monday as record euro-zone inflation supported expectations of a European Central Bank interest rate hike next month. Euro zone inflation rose to a record high of 3... Read More

On 16-06-2008
Dollar slipped after G8 failed to comment currencies markets
The Dollar slipped in early trade on Monday on disappointment that finance ministers from the Group of Eight (G8) countries failed to address the weakness of the US currency at a meeting over the week... Read More

On 13-06-2008
Dollar rallied broadly on better than expected US retail sales
The Dollar rallied broadly on Thursday after data showed a surprisingly strong gain in US retail sales, up 1% last month, boosting expectations that the Federal Reserve may raise interest rates this y... Read More

On 11-06-2008
Bernanke comments send Euro and Pound falling
The EURUSD traded to an intra-day low of 1.5441 yesterday as Bernanke pointed to no further rate cuts in the near term. The Australian dollar traded lower after the consumer sentiment index fell 5.6%.... Read More

On 10-06-2008
Officials could step into the Foreign Exchange market to support Dollar
The Dollar jumped on Monday as top Treasury and Federal Reserve officials voiced concern about its recent slide, raising the chances that officials could step into the Foreign Exchange market to suppo... Read More

On 09-06-2008
Dollar fell as US jobless rate surged and Crude Oil jumped to new highs
US crude oil futures jumped more than $10 per barrel to $139.12 high per barrel, sending stocks on Wall Street tumbling around 3 percent. The drop in equities pushed the Dollar lower versus the Yen an... Read More

On 06-06-2008
ECB President Trichet’s comments push Euro up; All eyes on Non-Farm Payrolls
The ECB and BoE both kept rates on hold. Trichet did put on a hawkish tone indicating the possibility of a rate hike next month. The EURUSD gained 250 points. Today’s employment figures are expe... Read More

On 05-06-2008
ECB and BoE Decisions Due; Investors Focus On Commentary
The greenback moved higher after Fed Chairman Ben Bernanke issued another concern on long-term inflation. Swiss CPI rose to 2.9% y/y, coming out higher than expectations (2.4%), the highest figure in ... Read More

On 04-06-2008
Bernanke announces wish of “strong and stable dollar”
Federal Reserve Chairman Ben Bernanke announced his view that it is in US interests to have a “strong and stable dollar”. UK PMI index fell to 43.9 versus 46.1 previous, sharp decline for ... Read More

On 03-06-2008
Dollar weakens against Yen and CHF on risk aversion
US ISM manufacturing in May came out better than expected at 49.6 from 48.6 previous. Traders in Europe eye the ECB for any indications of concern over rising commodity prices. The British Pound conti... Read More

On 02-06-2008
Further Credit Worries in the UK; British Pound tumbles
News spread that a mortgage lender in the UK will issue a profit warning. The Euro remains steady at 1.5535 against the US Dollar. Swiss GDP figures show a drop in growth to 0.3% versus 0.9% previous ... Read More

On 30-05-2008
Dollar rallied after Fed hawkish comment and buoyant US stocks
The Dollar rallied on Thursday, rising to a three-month high against the Yen, on data showing the US economy grew in Q1 faster than previously estimated and as hawkish Federal Reserve comments boosted... Read More

On 29-05-2008
Dollar rose on view Federal Reserve may keep rates on hold or even raise them by year-end
The Dollar rose broadly on Wednesday as a better-than-expected report on US durable goods orders for April bolstered the view the Federal Reserve may keep interest rates on hold or even raise them by ... Read More

On 28-05-2008
Dollar rose broadly as Oil prices felt and rise in US new home sales
The Euro went lower after a report showed US new Home rose 3.3% in April to a 526K annual rate, above markets expectations. In another report, U.S. consumer confidence plunged unexpectedly to a 16-yea... Read More

On 27-05-2008
Market players are looking for clues on the Dollar’s direction
The dollar was steady on Monday with markets holiday in US and UK. Activity is expected to pick up as investors return from a long weekend, with market players looking to oil prices and stocks for clu... Read More

On 26-05-2008
Dollar trades near one-month low as Oil and Gold prices gained
The Dollar traded near Thursday one-month low against the Euro last Friday on speculation US reports tomorrow will show a slump in home prices accelerated and consumers were the most pessimistic in at... Read More

On 21-05-2008
Dollar fell on concern about further credit-related markets impacts
The Dollar fell on Tuesday as talk of higher Euro-zone interest rates prompted investors to increase exposure to the Euro. Concern about further credit-related losses and their impact on financial mar... Read More

On 20-05-2008
Dollar rebound on view that Fed would hike rate later this year
The Dollar rebounded from a 2-1/2 week low versus the Euro on Monday after a key forecasting gauge unexpectedly rose in April, suggesting that a sharp economic downturn in the US might be nearing a bo... Read More

On 19-05-2008
Dollar fell after Friday data on lower chances for a rate hike
The Dollar fell on Friday as US consumer confidence raised concerns about an economic contraction in the second quarter and trimmed the chances the Federal Reserve will raise interest rates this year.... Read More

On 16-05-2008
Yen rose across majors as investors reduced demand for riskier assets after a series of weak US data
The Yen rose across the board on Thursday as investors reduced demand for riskier assets such as stocks after a series of weak US economic data added to anxiety over the country's growth picture. The ... Read More

On 15-05-2008
CPI April slow increase helped Stocks and raised investors risk’s appetite
The Yen eased broadly on Wednesday as a slow increase in US Consumer Inflation report for April boosted stocks and raised investor appetite for risk. This fade CPI briefly caused traders to sell the D... Read More

On 14-05-2008
Dollar rallied on better-than-expected US Retail Sales
The Dollar rallied broadly on Tuesday after a report on April Retail Sales beat forecasts and supported views that the Federal Reserve will probably stop cutting interest rates next month. Retail Sale... Read More

On 13-05-2008
Dollar rose on Monday on Oil price dip and unexpected strong HSBC earnings
The Dollar rose against Japanese Yen and Swiss franc on Monday as investors snapped up riskier assets such as stocks, encouraged by a dip in oil prices and unexpectedly strong earnings from HSBC. US a... Read More

On 09-05-2008
Dollar fell after BoE and ECB left rates unchanged
The Euro rebounded on Thursday from a two-month low against the Dollar after European Central Bank President Jean-Claude Trichet said inflation remains his top concern, signaling the bank won't cut in... Read More

On 08-05-2008
Dollar rose with better-than-expected data ahead of Bank of England and ECB rate decisions today.
The Dollar rose on Wednesday as a surprise advance in US productivity added to gains booked after a Federal Reserve official said the central bank must stand ready to raise interest rates to combat in... Read More

On 07-05-2008
ECB focus on inflation as Oil surge to fresh record high $ 122.31
The Dollar edged lower against Euro and Yen on Tuesday, its second straight daily decline, after a bigger-than-expected quarterly loss at Fannie Mae suggested more financial market turmoil ahead. Anal... Read More

On 06-05-2008
Dollar fell as oil prices hit record high and worries for more corporate fallout from credit crunch
Dollar fell as oil prices hit record high and worries for more corporate fallout from credit crunchThe Dollar fell on Monday for the first time in three sessions as oil prices hit a record... Read More

On 05-05-2008
Dollar rose on Friday after small drop in US non-farm payrolls
The Dollar rose against a basket of currencies on Friday after an unexpectedly small drop in US non-farm payrolls left investors hoping any US recession would prove a shallow one. Labor Department dat... Read More

On 02-05-2008
Payrolls expected to decline for the fourth straight month
The dollar held firm ground overnight trading between 1.5446 and 1.5482. Yesterday’s data came out slightly better than expectations. Australian retail sales came out better than expected at 0.5... Read More

On 30-04-2008
Dollar rose ahead of FOMC and expectation for a “pause” in US interest rate cutting
The Dollar rose to an almost one-month high versus the Euro on Tuesday, buoyed by growing views the Federal Reserve is ready to signal a pause in its interest rate cutting-campaign and by weak Europea... Read More

On 29-04-2008
Dollar fell against major currencies ahead of key economic data, FOMC and rate decision
The Dollar fell against a basket of currencies on Monday, breaking a three-day rally, as buyers retreated to the sidelines ahead of key economic data and awaiting the Federal Open Market Committee (FO... Read More

On 28-04-2008
Last week European data knocked off Euro from record 1.6019 high
Last week's rally in the Dollar may have also led some investors to sell the currency ahead of the weekend to cash in profits, traders said. On Friday, Dollar had limited reaction to a report showing ... Read More

On 25-04-2008
Dollar rose after better US employment report and large fall in German Ifo Index
The Dollar rose across the board on Thursday after US government data showed resilience in the labor market, while a key measure of business sentiment in Germany plunged undermining the Euro. The Euro... Read More

On 24-04-2008
Euro reversed gains after less hawkish interest rate remarks from ECB officials
The Euro made its biggest drop against the Dollar in the past three weeks on Wednesday as Euro zone PMI dropped to an almost three-year low in April. Another report showed German manufacturing activit... Read More

On 23-04-2008
Euro rallies up to 1.6019 on expectation ECB may raise rates
Euro rose against the Dollar on Tuesday trading above 1.6000 for the first time since its 1999 inception amid growing expectations that the European Central Bank's next move may be an interest rate hi... Read More

On 22-04-2008
Traders await US housing data today; Dollar gains some ground
US Existing Home Sales and the House Price Index will be released today; the market hoping to see some stability in those numbers. The Bank of England announced a robust mortgage rescue plan. The Bank... Read More

On 21-04-2008
Dollar gain on Friday after Citigroup results and credit crisis worries wane.
The Dollar climbed to a seven-week peak against the Yen and moved further away from a record low versus the Euro on Friday after Citigroup's results sparked hope that the worst of the credit crisis ha... Read More

On 18-04-2008
Dollar posted gains on Thursday support by mixed earnings and comments from Euro-zone official.
The Dollar posted gains on Thursday, as investors felt more confident about the outlook for the troubled financial sector, with US companies' earnings so far generally revealing no major negative surp... Read More

On 17-04-2008
The Dollar dropped to lifetime lows against the Euro on weak US data despite support from Corp Q1 earnings.
The Dollar dropped to lifetime lows against the Euro on Wednesday, as a steep decline in US home construction and record high euro zone inflation highlighted the contrasting growth paths of the two ec... Read More

On 16-04-2008
Dollar helped by better PPI news; S&P500 up by 0.5%
The US dollar gained against the Euro higher on better than expected PPI figures yesterday. German ZEW sentiment index for April came out at -40.7 worse than the expected -30.0 and versus -32.0 previo... Read More

On 15-04-2008
US banking sector and worries about US economy put Dollar under pressure
A surprise first-quarter loss at Wachovia Corp, the fourth-largest US bank, suggested more credit market turmoil ahead, prompting traders to sell Dollars, mostly against the Euro and Sterling. That he... Read More

On 14-04-2008
G7 reported concern about sharp fluctuations in major currencies
The Yen rose broadly on Friday after a fall in quarterly earnings for General Electric stoked fears about the health of the US economy, causing investors to close riskier assets. US stock markets fell... Read More

On 11-04-2008
Bank of England cuts 25bp; ECB leaves rates unchanged
The Bank of England cut interest rates 25 basis points to 5.00% as expected. The European Central Bank left rates unchanged at 4.00%. The British Pound’s slide since November has somewhat hel... Read More

On 10-04-2008
Equity markets tumble around the globe on concerns over US economy
The dollar slipped against the Euro and British Pound hurt by continued concerns over the US economy. The equity markets tumbled, beginning in Shanghai and ending in New York. The International Moneta... Read More

On 09-04-2008
Dollar and Sterling edged lower ahead of ECB and BoE and this weekend G7 meetings
The Dollar edged lower versus the Euro on Tuesday as Minutes of the last Federal Reserve meeting showed policy makers felt that a prolonged and severe economic downturn can't be ruled out. Those conce... Read More

On 07-04-2008
Dollar dropped lower after weaker than expected US jobs data
Euro and Yen posted gains against the Dollar after the government said US employers cut 80k jobs in March, more than expected and the biggest monthly fall in five years. However, traders said the data... Read More

On 04-04-2008
Bernanke says little Dollar strengthens across the board
Bernanke says little; Dollar strengthens across the boardFederal Reserve Chairman Ben Bernanke, speaking to the Joint Economic Committee, remained reticent on f... Read More

On 02-04-2008
Dollar helped by ISM; Japanese business sentiment falls
The US dollar rallied against the majors on higher than expected ISM manufacturing index coming out at 48.6. Bank of Japan quarterly business sentiment survey came out to its lowest in four years at +... Read More

On 01-04-2008
Dollar still plagued by US data; UK inflation to trigger rate cut
Despite the recent strength of the dollar off its lows, US economic data continues to plague the greenback. The UK CPI is expected to come out at 3% which is what is triggering the market’s 80% ... Read More

On 28-03-2008
Dollar extends gain on Fed Term Securities Lending Facility auction results.
The Dollar rose on Thursday on views liquidity conditions for banks were not as dire as initially thought after a tepid Federal Reserve auction to swap poor-performing investments. Analysts said the D... Read More

On 27-03-2008
Dollar fell on weak US data and Mr. Trichet’s comments.
The Dollar fell for a second straight session on Wednesday, weighed down by surprisingly weak US durable goods orders and remarks by ECB chief Jean-Claude Trichet that Euro-zone rates were at the r... Read More

On 26-03-2008
Dollar fell yesterday after lower than expected US Consumer Confidence
The Dollar fell broadly on Tuesday, posting its steepest loss against the Euro in two weeks, sparking a rebound in commodity prices and helping to preserve investors' appetite for risk. News that US c... Read More

On 25-03-2008
Dollar rose on rising risk appetite after JPMorgan increase offer on Bear Stearns
The Dollar rose against a basket of currencies on Monday after a surprise jump in US existing home sales gave optimism over the economic outlook. Stock exchange has been boosted by risk appetite as JP... Read More

On 20-03-2008
Dollar remains weak on concerns about the health of US economy
The Dollar fell against the Yen on Wednesday, as investors remained bearish on the US currency amid concerns about the health of the U.S. economy and financial system. The dollar recovered from the da... Read More

On 19-03-2008
Dollar posted gains after Fed cut benchmark rate by a less than expected 75bp to 2.25%
The Dollar posted its largest single-day gain against the Yen in nine years on Tuesday and rallied against the euro after the Federal Reserve cut the benchmark US interest rate by a less-than-expected... Read More

On 18-03-2008
Dollar stands still at record low prices ahead of FOMC deicision
The market awaits the FOMC rate decision which is now broadly expected to be a 100bp cut, revised from 75bp. The British Pound continues to lag behind the Euro in performance as investors still fear t... Read More

On 17-03-2008
Dollar fell below 99 Yen and EurUsd hit new record high
The UsdJpy fell below 99 and EurUsd hit a record high after Bear Stearns said a worsening cash position forced the Wall Street firm to secure emergency financing. News that t