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Lehman Bankrupt, Merrill Swallowed, AIG Wilting
The crazy day in financials has rocked the markets thus far on Monday. This article breifly describes how we got here and where we are headed in the future.
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AUD/USD - Australian Dollar US Dollar, American Session - 15/09/08
0,8062.
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EUR/AUD - Euro Australian Dollar, American Session - 15/09/08
1,7585.
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EUR/CAD - Euro Canadian Dollar, American Session - 15/09/08
1,5140.
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EUR/CHF - Euro Swiss Franc, American Session - 15/09/08
1,5901.
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EUR/JPY - Euro Yen, American Session - 15/09/08
149,30.
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EUR/USD - Euro Dollar, American Session - 15/09/08
1,4149.
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GBP/JPY - British Pound Yen, American Session - 15/09/08
188,41.
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GBP/USD - British Pound Dollar, American Session - 15/09/08
1,7849.
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USD/CAD - US Dollar Canadian Dollar, American Session - 15/09/08
1,0682.
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USD/CHF - Dollar Swiss Franc, American Session - 15/09/08
1,1242.
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Crude Prices Plunge To $94, A Buffer To Dollar Weakness In USDCAD
Crude prices have plunged through Monday's session. Capping the day at a $7.18 drop, that easily cleared the centennial mark, WTI crude prices were trading...
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US Dollar Slides as Futures Price in Fed Rate Cut - Will They Do It? (Forex Video)
US dollar slides at the end of the NY trading session on Lehman failure and as futures price in Fed rate cut on Tuesday. Will they really do it?
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Cowabunga System Daily Update: Monday 09/15/08
Unfortunately I took a loss on this manic Monday as the Sterling started to bounce back against the Buck! See how it all went down in tdoay's Cowabunga Surf Report. (Including Video!)
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WSJ reports that the Government has asked JP Morgan Chase and ...
So it seems the Fed is denying the request for a line of credit from AIG and instead the government wants private institutions, to provide funding. Ironically, it may have been traders at these institutions who purchased...
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