May 31st, 2008 by
A positive revision of the US economical data leaded investors to speculate that the Federal Reserve will raise interest rates this year
Continued here:
Dollar strengths against the Euro and the Yen
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May 31st, 2008 by
The US dollar pulled back from early morning gains as fresh economic data weighted on future growth prospects and traders looked to clear their books ahead…
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US Dollar Consolidates Ahead of Monday’s ISM Data
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May 31st, 2008 by
Risk appetite settled through Friday as traders looked to square the books at the end of a busy week.
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Fundamentals Add To Risk Pressures In Yen’s Retreat
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May 31st, 2008 by
The British pound experienced a choppy day of trading between 1.97 - 1.98, as GfK consumer confidence dropped to a more than 18-year low of -29 from -24.
Credit:
British Pound: Bank of England Likely to Leave Rates Unchanged Next Week
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May 31st, 2008 by
The com bloc lost the support of its commodity correlation Friday as volatility for crude and gold settled.
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Commodity Dollars: Canadian Economy Contracts For The First Time In Nearly Five Years
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May 31st, 2008 by
- Euro Growth Comes Under Fire Just As ECB Decision Approaches - Commodity Dollars: Canadian Economy Contracts For The First Time In Nearly Five Years
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US Dollar Weighed Down By Slowing Spending, Watch for NFPs Next Week
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May 30th, 2008 by
The global credit crunch seems to be loosing its grip on the financial markets; and in its place, improving liquidity levels and growth outlook have revived…
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Carry Trade Gains As Yields Turn Higher, Global Growth Outlook Improving
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May 30th, 2008 by
Over the last two years, South Korea’s overseas borrowings more than
doubled, to $388 Billion. Nervous, perhaps, that Korean businesses may
be overextending themselves, the government is seeking to regulate such activities. Based on the way the forex markets
responded to the news, it must be perceived that borrowing abroad is
helping the Korean economy. On the one hand, if loans are denominated
in foreign currency and must then be converted to local currency, this
would exert upward pressure on the Korean Won. On the other hand, this
also requires more local currency to be printed, which fuels inflation. Much
of the borrowings are being undertaken by shipbuilders who are trying
to hedge their exposure to a rising Dollar. The Edge Daily reports:
Some
analysts say the forward-trading-linked borrowing is not as big a
problem as borrowing to fund consumption would be, but the government
is worried that the sharp rise in debt over a short period of time
could undermine the local financial system.
Read More: South Korea says not planning direct FX curbs
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Korea May Regulate Borrowing
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May 30th, 2008 by
There are many instruments with which to make money on the financial markets today. Contracts for difference, known as CFDs are becoming more and more popular with traders looking to leverage their funds and maximize their profits.
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The Biggest Risk When Making Money With CFDs
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May 30th, 2008 by
Confusion reigns
Releases from Europe:
April
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May 30th, 2008 by
Dollar edges lower in Asian trading
Releases from Australia:
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May 30th, 2008 by
Speculation that US reports tomorrow will show a slump in home prices accelerated and that consumers were the most pessimistic in 15 years, helped to push the Dollar down
Credit:
Dollar slumps in the early trading
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May 30th, 2008 by
Oil traded near record highs and added concerns about the deteriorating US economy, leading investors to sell the US currency
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Dollar continues to slump
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May 30th, 2008 by
A slowdown in purchases of equipment, combined with a worsening housing slump and weakening consumer spending
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Dollar falls ahead of durable goods report today
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May 30th, 2008 by
Federal Reserve Bank of Dallas President Richard Fisher said he expects the central bank would raise the U.S. interest rate currently at 2% should the public begin to expect greater gains in consumer prices
Read more here:
The U.S signals interest-rate increase on inflation
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