Servicio de Transferencia internacional de dinero

Rumors of an emergency FOMC meeting are still doing the rounds in Asia. "There's talk about a Fed meeting - that's what the futures people are telling us," said Ric Klusman at Aequs Securities. ...

Athens - The greenback managed to reverse all of its losses and even make new highs against the euro in an unexpected big move late last night.
What caused this move though wasnt euro weakness as much, but risk aversion and DOW JONES plummeting to new lows. Markets are clearly contemplating the state of the American economy and with the yesterdays data coming out extremely negative, with retail sales printing a bad number the same with PPI.
Market sentiment at the moment is low, with the fear and uncertainty back in everyones minds. ...

GBP-USD has fallen in the last two months and remains bearish. Importantly, all the GBP crosses have fallen too, indicating the great pressure on the Pound. ...

EUR/USD reached 1.4900 on expectations that the FED will cut the rates by 50 bsp on next week’s announcement. This week we see several inflationary releases that will give us a sneak peak into next week’s meeting. ...

Today offers an excellent test of the big themes in the market: first, the Citigroup earnings report will offer a test of the market sentiment on the continue banking sector fallout and its impact on the risk aversion trade. With the recent huge Merrill writeoff and expectations of a USD 24 Billion writeoff from Citi today, this issue is a front runner. ...