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Varengoldbank FX - Daily FX Report
This morningÂs Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar.
Click for the full report.
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Dollar Falls as Credit Crisis Deepens
The dollar fell against most key currencies Wednesday as inter-bank lending seized up. Yesterday’s US announcement of an emergency rescue of American International Group Inc. (AIG) with an $85 billion bridge loan signals US intensifing concerns that...
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Forex Market Update
Safe haven status of the greenback wearing thin for the USD as European majors stage a comeback. How far can correction go?
Market meltdown sparks historic gold rally that suggests lack of faith in all currencies. Market liquidity continues to deteriorate.
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Betonmarkets.com Morning Report
Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com
The FTSE is currently indicating a higher opening as a buyout of HBOS by Lloyds TSB, has the blessing of the UK government. Sources indicate that the government will...
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Market Update from Trade The News
Asian Market Update:
Asian stocks melt down
- Asian stocks pummeled: At 0:01 EDT Hong Kong's Hang Seng index is
-7.4%, the Shanghai composite is down -5.84%, Japan's Nikkei is -3.55% and
the S&P/ASX200 is -3.80%.
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Forex Trading News: CHF Trade Balance Released
The CHF Trade Balance comes out at 1.43B from the previously revised 2.29B. This was forecast for a drop to 1.00B. Despite releasing a bit higher than expected, the CHF did not move much vs. its counters.
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NEW! FXDD FOREX VIDEO: September 18 2008
NEW! FXDD FOREX VIDEO: September 18 2008 Markets in turmoil. How you can benefit in the Forex.
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Forex Trading News: Bank of Japan's Monthly Report
Bank of Japan: Economic growth remains sluggish; cutting view on capex and prices- Expect pace of CGPI growth to decline in a near term with CPI remaining around current level, and slowly decline. - Spending has somewhat fallen and ...
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China Calls For US Change After “Financial Tsunami”
For decades, the United States has asserted its right to intervene when less developed nations get themselves into economic hot water — whether the “assistance” is wanted or not. As the world’s leading economic power, ...
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Technology Sector Turns Bearish: Apple Falls From $180 A Month Ago ...
The selling pressure was not contained today to Financial stocks - the NASDAQ lost 4.94% today, the greatest decliner of the four major US Equity Indexes, followed closely by the Russell 2000 (off 4.82%). Many technology...
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Crisis As Bad As Great Depression Or Worse?
Nobel-prize winner and former chief economist of the World Bank, Joseph Stiglitz has warned that the current financial crisis will continue for at least … ...
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Japanese Yen And ETFs: A Safety Net From Turmoil
The Japanese yen may be the latest safe haven from the market turmoil, and there are exchange traded funds (ETFs) to help shelter you. Carl Delfeld for ETF XRAY has quite a few reasons why he chose the CurrencyShares Japanese Yen Trust ...
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So Where Are The Bailout Funds Coming From?
In case you were wondering who was going to foot the bill for the last ten days worth of rescues, bailouts, takeovers, liquidity infusions, et al, the answer is…. CHINA:. From the US Treasury:. Washington - The Federal Reserve has ...
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Microsoft Drops Seinfeld From Vista Commercial
Well, in a way this was sort of expected. According to Valleywag, Microsoft (MSFT) apparently faced with criticism, is pulling its TV ads intended to help Microsoft polish the tarnished brand of its Windows Vista OS, featuring comedian ...
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Barclays, Lehman Deal Could Be A Headache For Some iShares ETFs
The iShares line of exchange traded funds (ETFs) might be getting a bit of a headache from Barclays‘ (BARC.L) acquisition of Lehman Brothers’ (LEH) banking division. Barclays will take over the division for what amounts to a...
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