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19 Sep 2007: USD hurts, but yen even more
EUR/USD was pushed to new record highs yesterday evening, as the Federal reserve decided to slash rates a hefty 50 basis points. Half of the market had expected a 25 basis points rate cut, as had we, but instead the Fed decided to be more aggressive. ...
19 Sep 2007: Daily Forex Technical Report − EUR/USD to 1.4000; Focus on MPC Minutes, US & Canadian CPI
Forex Daily Technical Report
EUR/USD to 1.4000; Focus on MPC Minutes, US & Canadian CPI Dollar continued to be pressured after yesterday's surprise 50bps cut in federal funds rate. Weakness in the greenback is particularly apparent against Euro and commodity currencies, with EUR/USD scoring new record high of 1.3987 and is set to test 1.40 psychological resistance. ...
EUR/USD to 1.4000; Focus on MPC Minutes, US & Canadian CPI Dollar continued to be pressured after yesterday's surprise 50bps cut in federal funds rate. Weakness in the greenback is particularly apparent against Euro and commodity currencies, with EUR/USD scoring new record high of 1.3987 and is set to test 1.40 psychological resistance. ...
18 Sep 2007: Spotlight on FOMC, as markets await
U.S. Dollar Trading (USD) stabilized gaining against a basket of currencies in an overly cautious market. ...
18 Sep 2007: USD/CAD: Zoning in on Parity
The Canadian dollar has been on a tear. In the past six months, the currency has made new 30 year highs after appreciating over 12 percent against the US dollar, putting parity within reach. ...
18 Sep 2007: Sterling battered as Northern Rock faces funds withdrawal
New Zealand dollar
Investors pare long NZD positions ahead of FOMC. It was a fairly uneventful start to the week for the NZD with no local data to influence direction and little flow of note due to the holiday in Tokyo. ...
Investors pare long NZD positions ahead of FOMC. It was a fairly uneventful start to the week for the NZD with no local data to influence direction and little flow of note due to the holiday in Tokyo. ...
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