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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 19-11-2008 Dollar keeps rising on global economy worries The Dollar was stronger on Tuesday as investors continue to seek for safety. Market players remain prudent as the euro zone and Japan are already falling into recession in Q3 and US data are showing a... Read More On 17-11-2008 G20 meeting ended without concrete results and overall plan to stimulate the economy The Dollar and the Yen rose against the Euro on Friday as investors were looking for safe-haven amid a deteriorating global economic outlook and losses on Wall Street. It Dollar remained supported ... Read More On 12-11-2008 Dollar rallied to a 2-week high in light trading Veteran’s day. The Dollar rallied to a 2 week high against a basket of currencies on Tuesday as worries about a deteriorating global economy prompted investors to reduce riskier assets and run into safety of the Dol... Read More On 06-11-2008 Bank of England and European Central Bank are expected to cut rate today The Dollar fell against the Yen on Wednesday as weak economic data added to fears about the economy but gained on the Euro after Democrat Barack Obama's decisive victory in the US presidential electio... Read More On 05-11-2008 Ms The Dollar rose against a basket of major currencies on Wednesday after posting its biggest one-day slide in 13 years the previous day, as Democrat Barack Obama won the US presidential election. The D... Read More On 04-11-2008 Forex market is mixed ahead of US presidential election The Dollar tends to gain as risk aversion rises because dollar-based investors repatriate money or look for safety in U.S. Treasury debt. US factory activity plunged to a 26-year low last month boo... Read More On 03-11-2008 Month-end demand from fund managers rebalancing Forex hedges boost the Dollar The Dollar recorded its biggest monthly gain against a basket of currencies in more than 17 years on Friday, boosted by month-end demand and concerns about a deteriorating global economy. The Yen pare... Read More On 27-10-2008 Dollar surged against major currencies on fears of a global recession. Dollar surged against major currencies on fears of a global recession.The Dollar surged to 2-year peaks versus a basket of cur... Read More On 22-10-2008 Investors moved into the safe havens of the Dollar, Yen and Swiss franc. The Dollar climbed to its highest since February 2007 against a basket of currencies on Tuesday as investors bet that interest rates outside the United States will fall sharply to shore up global g... Read More On 16-10-2008 Yen rallied on strong carry trade unwinding as risk appetite fades The Dollar rose against the Euro on Wednesday, while the Yen gained against majors on renewed concerns the US government's $250bio proposed injection into troubled banks may have little effect on fina... Read More On 15-10-2008 Euro gain on bank rescue plan but economic worries persist The Dollar consolidated on Tuesday while short-term interest rates eased following aggressive steps by global authorities to pump cash into troubled banks to resolve the credit crisis. The United Stat... Read More On 07-10-2008 Dollar and Yen surged broadly on Monday as investors close risky assets in higher-yielding currencies. The Dollar scaled a fresh 13-month peak versus the euro on Monday, while the Yen surged broadly as investors dumped risky assets amid anxiety over the lack of a coordinated global response to the c... Read More On 25-09-2008 Dollar get support from news Buffet 5bio in Goldman Sachs and extended Federal Reserve swaps lines to Central Banks. The Dollar edged up for a second day on Wednesday, helped by the view that the credit crisis was not just a problem for the US economy and currency, but would spill over to the rest of the world. Test... Read More On 23-09-2008 Market worries on Deficit implications of the $700bio Bailout The Dollar tumbled, hitting multi-week lows against the Euro and against Sterling on Monday as the US government's bailout plan to ease a financial credit crisis reignited worries about the country... Read More On 16-09-2008 Wallstreet Meltdown is now ubiquitous and widespread, Asian and European markets down Tsunami, cataclysm, meltdown – a plethora of superlatives can been used to qualify yesterday’s news which took the financial world by storm. Between the Lehman Brother’s chapter 11 b... 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 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 the New York Federal Reserv... Read More On 13-03-2008 Record highs on the Euro; Dollar/Yen falls below 100.00 The US dollar dropped to a new low against the Japanese Yen, falling to 99.77 in early trading, on further concerns that the US economy is headed into a recession. Commodity funds and speculative buyi... Read More On 12-03-2008 Fed new liquidity measures lowered market expectations for a strong interest rate cut The Dollar posted sharp gains on Tuesday after the Federal Reserve announced new measures to inject liquidity into the financial system, easing concerns about a deepening credit crisis and a US recess... Read More On 11-03-2008 Yen and Swiss Franc rise against Dollar as investors reduced exposure to risky assets The JPY and CHF firmed broadly on Monday as US stocks fell on credit-related worries, prompting investors to reduce exposure to risky assets and unwind trades funded by the Japanese and Swiss curre... Read More On 10-03-2008 Dollar dropped to record lows on Friday before rebounding on Fed liquidity move. The Dollar rebounded from record lows on Friday as a Federal Reserve liquidity injection fueled some speculation the central bank might hold off on cutting interest rates aggressively even after a sha... Read More On 07-03-2008 Dollar slide to record lows against Euro and Swiss franc as ECB is not seen cutting rate anytime soon The US Dollar tumbled to record lows against the Euro and the Swiss franc on Thursday after the European Central Bank downplayed prospects of an interest rate cut and did not voice concerns about the ... Read More On 06-03-2008 Dollar dropped to new low records against Euro The Dollar resumed its slide and fell to record lows against the Euro on Wednesday amid growing pessimism over the US economy. Demand for the currency fell further after data showed the country's serv... Read More On 05-03-2008 Dollar slide on six consecutive days with concerns over US economic outlook The Dollar was lower against a basket of currencies for the sixth day on Tuesday as Federal Reserve Chairman Ben Bernanke gave a weak assessment of the US housing sector, adding to mounting fears of r... Read More On 03-03-2008 Dollar fell to record lows against majors on Friday The Dollar fell to record lows against the Euro and a basket of currencies for a fourth straight day on Friday as yet another set of weak US economic data left traders betting on an aggressive Federal... Read More On 29-02-2008 Dollar hits record lows on US growth worries The Dollar fell to an all-time low versus the Euro for a third straight day on Thursday after Federal Reserve Chairman Ben Bernanke warned some small US banks could fail and flagged further interest r... Read More On 27-02-2008 Dollar tumbles to new lows on Kohn statement Federal Reserve Vice-Chairman Donald Kohn announced that the housing market troubles were not over and expects to not see an economic recovery for now. The Euro hit $1.5050, the highest point since th... Read More On 26-02-2008 Yen fell against major currencies on rising risk appetite and investors return in carry-trades Yen fell against major currencies on rising risk appetite and investors return in carry-trades The Yen fell broadly on Monday as euphoria over the US bond insurance sector boosted the appe...
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