The US dollar exchange rate fell victim to a selling frenzy

The US dollar exchange rate fell victim to a selling frenzy Friday afternoon that no one can explain Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US dollar exchange rate fell victim to a...

the public is in no mood to bail out Citibank and its rich shareh

the public is in no mood to bail out Citibank and its rich shareholders. Foreign Exchange - Currency OutlookThe financial crisis is made worse - prolonged - by the talk of US bank nationalization if nationalization is not a real possibility today, and we say it's not....

But for the moment, a new optimism about the eurozone is in the a

But for the moment, a new optimism about the eurozone is in the air Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US dollar exchange rate is correcting downward after a big move up...

Consider US investors with positions in European stocks or funds

Consider US investors with positions in European stocks or funds that hold banks.   Foreign Exchange - Currency OutlookThe US Dollar has plenty of its own bad news - Detroit, the insufficiency of the...

exposure to Eastern Europe caused the euro exchange rate to fall

exposure to Eastern Europe caused the euro exchange rate to fall Foreign Exchange - Pounds Sterling and Euro Exchange Rate Outlook  The US dollar exchange rate held flat against the euro exchange rate...

Trichet and his cohorts on the ECB policy board are smart guys

Trichet and his cohorts on the ECB policy board are smart guys Foreign Exchange - Currency OutlookThe big release today is retail sales, probably a drop of 0.8%, according to the Bloomberg survey. We also get the usual weekly applications for unemployment beenfits,...

We look forward to seeing the euro exchange rate at 1.2000 before

We look forward to seeing the euro exchange rate at 1.2000 before the end of March. Foreign Exchange Outlook : Today is the inauguration of Obama and eyes will be glued to the TV most of the day, We didn't get a stock market rally on the Obama Effect and already...

ECB to cut rates - or Foreign Exchange Traders to sell Euros

ECB to cut rates - or Foreign Exchange Traders to sell Euros Foreign Exchange Outlook : We get retail sales and various other bits and pieces of data today. We say the institutional landscape holds more importance for foreign exchange traders today. Bernanke gave a sane...

foreign exchange traders sold the euro to 1.3099

foreign exchange traders sold the euro to 1.3099 today on more bad news Foreign Exchange Outlook : The US dollar exchange rate rose again yesterday from 1.3282 at 8 am in New York to 1.3138 by mid-afternoon, but was already giving some of it back into the close at 1.3180....

Pound rallies against the Euro exchange rate - at last

Pound rallies against the Euro exchange rate - at last Foreign Exchange Currency Outlook : The US dollar rate is rising strongly this morning pretty much across the board, from a high of 1.4719 on Dec 18 to 1.3918 at the Friday close in New York to 1.3657 so far this...

We can't name the event that will end the US Dollar rally, but at a guess, we...

Foreign Exchange Outlook: At last the Treasury and Fed have launched an initiative that the market likes and is responding to. At last the government is doing something about housing directly and not indirectly through credit default swaps or capital injections to banks. At...

Spanish Mortgage Rates to fall?

Spanish Mortgage Rates to fall? Euro Exchange Rate Outlook : It’s not clear that the ECB is on board with the themes of the day (deleveraging, deflation and downsizing). Yesterday Trichet said "I do not exclude that we will continue to decrease euro interest rates, if we...

US Dollar and consumer spending is about to fall off the cliff

US Dollar and consumer spending is about to fall off the cliff .Foreign Exchange Outlook : We don’t like it that stock markets are the dominant factor in the currency market. It makes for weird effects and puts hard economic data and a sane perspective on the economy in a...

BNP Paribas has a forecast of euro to dollar exchange rate to go to 1.07 by t...

Foreign Exchange Outlook: The rest of the world is falling into recession faster and bigger than the US, which is to blame for the trigger events that started the recession in the first place. (Talking-head TV pundits said over the weekend that a lot of fingers were pointing...

The US dollar put in some solid gains yesterday during the US session, revers...

The US dollar put in some solid gains yesterday during the US session, reversing an early rise in the euro exchange rate Euro Exchange Rate Outlook :The US dollar put in some solid gains yesterday during the US session, reversing an early rise in the euro exchange rate to...

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