major hedge fund selling US dollars on the idea that the Fed will announce quantitative easing at the Wednesday FOMC
Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookWhat’s Happening This Morning: Initially the lack of consensus at G20 was dollar...
Foreign exchange traders buying euros have created breakout to the upside is the real deal and it can extend to 1.3300
Foreign Exchange - Currency OutlookHope springs eternal in the human heart. Stocks are rising everywhere--maybe the crisis is over. Such a view accepts...
Obama plans is what is driving the stock market downward
Foreign Exchange - Currency OutlookWe get the service sector PMI for the US today, presumably to show a similar contraction as the eurozone and at a fast...
we can't see a reason why foreign exchange traders would be buying euros before it goes lower.
Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US Dollar Exchange Rate had a good day yesterday despite equities stabilizing. The euro rate started the day...
Australian Dollar got a boost from the Reserve Bank decision not to cut rates Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US dollar exchange rate put in a big gain across the board...
the US dollar is prettiest pig in the herd
Foreign Exchange - Currency OutlookThis week we get more data than we can possibly absorb or understand, let alone put into perspective. We get the ISM report for both manufacturing and services, personal income, NAR Home sales,...
we still have massive problems in the US that could derail the stock market and fuel greater fear - rational fear, not irrational
Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US budget deficit will be $1.75 trillion, and that the US dollar did not...
created by Damian George | 44 wks ago | updated 44 wks ago 47 views | 0 recommendations | 0 comments
We wonder if confidence in the UK government is coming back
Foreign Exchange - Currency OutlookThe US Dollar Exchange Rates made a solid gain yesterday against the euro and this spilled over to other currencies as well. The euro rate made an overnight high at 1.2900 but...
The Geithner plan is actually a good one - it avoids creation of a government bad bank, it avoids nationalization
Foreign Exchange - Currency OutlookThe big question on the table today is "Where is Tim?" Geithner is disappointing the market by not disclosing details of...
pounds to us dollar made a strong showing on the Barclay's news
Foreign Exchange : The US dollar Exchange Rate is losing ground this morning across the board on a reduction of risk aversion, which was occasioned (oddly enough) by Barclays' saying that it had such strong...
US dollar exchange rate is a little stronger against the pound and euro Foreign Exchange Outlook : The US dollar exchange rate is a little stronger against the majors but continuing to slide against the japanese yen, albeit not yet to the crash-scenario level. The euro rose...
More Interest Rate Cuts for the UK as deflation takes hold Pound Sterling Outlook : The deflation scare is upon us, perhaps a little ahead of schedule. The UK reported that Oct CPI fell 0.7% m/m to an annualized 4.5%--from 5.2% in September. The retail price index (includes...
Stark saying things are worse than we think in Europe Pound Sterling is fascinating these days, first rising yesterday morning from 1.5598 at midnight to 1.6097 around noon, or 499 points in 12 hours - but then falling back to 1.5747 in the next 12 hours, only to bounce to...
the ECB will cut rates next week Euro Exchange Rate Outlook:ECB chief Trichet did hint yesterday that the ECB will cut rates next week-it’s possible, he said. The market took no notice. This is the dog that didn’t bark in the night. For Trichet to say such a thing and...
The euro exchange rate should fall to 1.28 by year-end and lower in 2009 In Foreign Exchange Markets Yesterday in the New York morning, the US Dollar Exchange Rate broke out of the sideways range (of 1.3343 to 1.3538) from last Thursday. It sank under the previous...
created by Damian George | 1 year ago | updated 1 year ago 780 views | 0 recommendations | 0 comments