The Canadian dollar finished nearly a penny higher against the U.S. currency on Wednesday after the Bank of Canada raised interest rates and kept open
the possibility of further near-term rate hikes More...
The euro rose against the dollar on Wednesday, buoyed by successful bond auctions in Portugal and Poland that made the single currency's fall the prior session look overdone.
More...
Risk appetite returned as European concerns receded. The S&P500 is currently up 0.8%, having turned upwards at the European open. There was little news to drive the reversal of the previous day's decline, although some pointed to More...
20:00 GMT (Global-View.com) Sep 8 - Wednesday saw a sudden turnaround in fortunes in the EUR after Portugal held a successful auction today. The news saw sovereign debt worries in the Euro-zone abate for the day. There is no way that debt worries will not More...
AUD/USD (a 4-hour chart of which is shown) as of Wednesday (9/08/2010) has resumed its bullish stance, after a bearish pullback, to approach the last major resistance high around 0.9220 More...
Sep 8 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see key Australian jobs data on Thursday. In Europe, the latest Bank of England policy decision is due. No rate change is expected. In North America More...
The safe havens—gold, Swiss franc, and US dollar—are suggesting another crisis is building within the eurozone. We continue to watch yield spreads in Europe—higher again today. But, much is fluid... More...
The yen struck a fresh 15-year high against the dollar and the Swiss franc hit an all-time peak versus the euro on Wednesday as a flare-up in worries over euro zone banks and sovereign debt led investors into safe havens.
More...
The Peripheral stress continued to aid the overall risk aversion sentiment again in the early part of the session. Press article again contributed to the cause with dealers taking note that perhaps Greece continued to withholding data on the real extent o More...
10:00 GMT (Global-View.com) Sep 8, 2010 The EUR and JPY continue to compete with one another for the spotlight in forex trade. Many are still worried about the state of finances of the Eurozone. German PM Merkel today made it clear that Germany does not More...
The Euro fell heavily during yesterday’s Asian session, then it resumed the drop during the European session. After stopping just below the enormous resistance we talked about in Monday’s report 1.292 More...
The Canadian dollar closed near its session low against the U.S. currency on Tuesday on fresh
concerns about European banks, with investors also focused on the Bank of Canada's interest rate More...
The U.S. dollar rose against most major currencies but fell to a 15-year trough versus the yen on Tuesday as renewed concern about the health of European banks sparked aversion to risk.
More...
Stress from Europe. US equity investors returned from their holiday ina defensive mood as concerns resurfaced over the robustness of the European banking sectors More...
USD/JPY (a 4-hour chart of which is shown) as of Tuesday (9/07/2010) has established yet a new 15-year low, although only slightly below the last long-term low around 83.58 established just two weeks More...
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