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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 18-11-2008 Risk aversion remains high in currencies after weak data and lower stock markets. Further weighing on the market came after record low report of Empire Manufacturing and news that Citigroup intends to slash up to 50k jobs or 15% of its work force. That depressed Wall Street, wit... 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 14-11-2008 Dollar and Yen dropped on lower risk aversion trading but demand for safety stay strong The Dollar fell against the Euro on Thursday as a strong performance on Wall Street helped ease extreme risk aversion, reducing demand for safety. The Yen tumbled against the Dollar, the Euro and high... Read More On 13-11-2008 Dollar and Yen continue to strongly perform in current risk aversion environment. The Dollar dropped against the Yen on Wednesday as investors reduced risky assets after comments by US Treasury Secretary Henry Paulson heightened concerns about the economy and sparked a global se... 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 11-11-2008 Major currencies remain trapped in range awaiting G20 next weekend Washington meeting. The Dollar was little changed against the Euro on Monday after falling earlier in the session as news of a large economic stimulus package from China made some traders more willing to take on risk. Gr... Read More On 10-11-2008 G20 agreed on ways to stimulate growth at a meeting in Sao Paulo Asian shares were boosted by strong Wall Street gains on Friday and after China announced an economic stimulus package on Sunday worth nearly $600bio and last weekend meeting of G20 nations, which ... 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 31-10-2008 Bank of Japan cut interest rate by 20bp to 0.3% The Dollar rose against the Yen on Thursday, but was little changed against the Euro, after gains in world stock markets and an interest rate cut by the Federal Reserve on Wednesday helped ease the re... Read More On 30-10-2008 Federal Reserve cut interest rate by 50bp to 1%, the lowest since 2004. The Dollar posted a large fall on Wednesday, with the Federal Reserve delivering an interest-rate cut, easing investor concern about the world economy and reducing the need to repatriate Dollars fr... 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 24-10-2008 Dollar and Yen are surging as investors sharply reduced riskier assets. The Dollar was lower on Thursday, after earlier climbing to a fresh two-year high against the Euro and a basket of currencies, after aggressive Dollar selling by Brazil's central bank helped lend some... Read More On 23-10-2008 Dollar continues to rise on deteriorating global economy and concern about financial markets stability The Dollar climbed to a two-year high against the Euro and a five-year peak against Sterling on Bank of England Governor Mervyn King remarks on Tuesday that the British economy was probably entering i... 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 21-10-2008 Dollar rallied after Bernanke’s testimony before Congress The Dollar rallied on Monday despite an improvement in risk appetite and a drop in interbank lending rates as companies bought the US currency to meet their operational needs. London interbank offered... Read More On 20-10-2008 Dollar rose against Euro while Yen gained in volatile trading Global financial distress and economic weakness beyond the United States persisted, giving the greenback a safe-haven bid. Weakness in the US stock market has once again supported the Yen versus the D... 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 14-10-2008 Dollar reversed against Euro and Sterling following major central banks measures to rescue the global financial system. The Dollar reversed on Monday on its worst day against the Euro in 3-weeks on Monday. The Yen weakened broadly against majors as credit conditions eased after major central banks released measures to ... Read More On 13-10-2008 Group of Seven set out a plan of action to stem the crisis After stock markets around the world suffered their worst ever weekly losses last week, leaders from Group of Seven rich nations set out a plan of action to stem the crisis and European leaders agreed... Read More On 08-10-2008 Central Banks are ready to cut rates The Dollar fell on Tuesday as steps by the Federal Reserve to calm chaotic financial markets and a signal by Chairman Ben Bernanke that the central bank was ready to cut rates eroded some of its safe-... 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 02-10-2008 $700 bio revised rescue plan was accepted by US senate The Dollar rose against Euro on Wednesday on the view the European Central Bank might have to cut interest rates and optimism that US lawmakers were about to approve the $700bio plan to stabilize the ... Read More On 01-10-2008 Dollar rose on Tuesday help by higher Stock Exchange and cautious optimism on the 700mio bailout plan later this week. Cautious optimism that US lawmakers would eventually come to some agreement later this week, after Monday's shock rejection of the government $700bio bailout plan, gave the Dollar some steam and po... Read More On 29-09-2008 Dollar rose ahead of Monday US lawmakers vote US lawmakers geared up for a possible vote on Monday on creating the $700bio government fund. Congressional leaders from both parties said they had a tentative agreement early on Sunday, but questi... 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 22-09-2008 Currency market remains skeptical despite last week rescue plan Last week, US Treasury Secretary Henry Paulson urged the government to spend billions of Dollars to deal with toxic mortgage assets choking the financial system, while the Federal Reserve said it woul... 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 15-09-2008 Markets react to Wallstreet meltdown - Risk aversion drives markets, has the dollar's bull run ended? Lehman Brothers Files for Chapter 11 Bankruptcy, Bank of America buys Merrill Lynch for $44Bn, 70% premium and AIG seeks $50Bn capital rise to avoid being downgraded.The Dollar weakened on Friday a... Read More On 12-09-2008 US trade deficit and weaker stocks weighed on Dollar The Dollar climbed to fresh one-year peaks against the Euro and a major currency basket on Thursday, as nervous investors sought refuge in the greenback's safety amid escalating global slowdown fea... Read More 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
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