Archive for January, 2008
Weekly Forex Market Commentary
Amid another tidal wave of subprime mortgage disaster, growing panic in the White Houseand a more jittery Federal Reserve, the dollar and the carry trades didn?t do all that much. The cross that continued to perform was the short sterling/Swiss franc. Shorting sterling/dollar and euro/Swiss franc, and holding long euro/sterling weren?t bad ideas either, but […]
Weekly Forex Market Commentary
The carry trades didn?t do well last week, with the yen surging, but the performance during a short week in thin trading makes it difficult to gauge the significance of this move. Cross trading dominated overall, with the pound getting battered and the other European currencies gaining, and crosses should dominate this week again.
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Weekly Forex Market Commentary
The dollar tumbled across the board during the last week of 2007, and the carry trades were put on the back burner. With trading volumes thinned out the market took the US currency to the only logical direction, down, but currencies gained at different paces. The new year should start with the dollar on the […]
Forexyard Analysis 30.01.08
Today at 19:15 GMT, we are scheduled to see the release of the US interest rate statement. The greenback was… Jan 30 2008 10:18AM GMT
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US Government looks to tax rebates
The US House approved overwhelmingly today a $146 billion tax rebate stimulus package agreed to as a compromise between democratic… Jan 30 2008 10:10AM GMT
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London Gold Market Report - 29.01.08
Gold Hits Fresh Record Highs vs. Dollar, Euro, Sterling & CAD as Equity Traders Back the Fed’s “Moral Hazard” …. Jan 29 2008 14:01PM GMT
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Dollar Yen free fall continues
The US dollar has remained somewhat range bound against the European currencies as of late, but it continues its dramatic… Jan 22 2008 08:13AM GMT
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London Gold Market Report 21.01.07
SPOT GOLD PRICES dropped 1.6% to hit a two-week low early in London on Monday as global equity markets collapsed… Jan 21 2008 14:19PM GMT
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London Gold Market Report
SPOT GOLD PRICES bounced but held inside the week’s downtrend early in London on Friday, recording an AM Fix of… Jan 18 2008 13:47PM GMT
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Weak US dollar impacts global perspective
The US dollar has remained somewhat range bound against the Euro and Pound as of late. It currently (January… Jan 18 2008 09:12AM GMT
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