News

14 Jan 2008

Aussie dollar recovers on firm data, rate outlook

The Australian dollar regained early losses on Monday after strong domestic data reinforced views that local interest rates were headed higher in the near term, helping offset a bout of risk aversion.
Steadier regional stock markets, aided by talk of capital injection into beleaguered U.S. ...

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14 Jan 2008

Judgment Time for the US Dollar as Market Prices in a great Chance for 75bp Cut

The number one driver of the US dollar at the moment is interest rates, that is why we continue to focus on how many basis points the Federal Reserve will be shaving off the Fed funds rate at the end of the month. ...

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14 Jan 2008

Last week’s currency trading review

The Dollar continued to struggle against the majors despite finding some support in the beginning of the week. ...

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06 Nov 2007

US: Non−manufacturing confidence holds up well in October

The ISM survey showed that activity growth accelerated slightly last month, contrary to the manufacturing survey that reported last week slower activity growth. ...

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06 Nov 2007

Sterling scared off by bad data

The EUR/USD retreated slightly during yesterday’s trading from the 1.45 area to the 1.4470, but this never gave the impression of being able to carry far. ...

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01 Nov 2007

USD falls further despite expected US interest rate cut

New Zealand dollar
Business confidence gives NZD timely boost. ...

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