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Why Might The BoJ Rate Decision Finally Be A Market Mover?
The US dollar rallies after the 3Q GDP report shows the world's largest economy is one foot into a recession and the BoJ rate decision is expected to be...
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Daily Market Commentary by GCI Financial Ltd
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from GCI Financial Ltd
Click for the full report.
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Converging Trends Offers Strong USDCHF Range Boundaries
Over the past couple of week’s the USDCAD has been a frequent range trade candidate, and it certainly offers greater potential now with volatility pulling...
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Is the U.S. Dollar Weakening Aginst the Japanese Yen?
Carry trade back on the FX marketThe Japanese yen is weakening against most major currencies right now, thanks to a return by the carry trade to the FX market.
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Brazil Underscores Problems Faced By Emerging Market Currencies
Will efforts by Brazil to tide the fall of the real in currency trading fail?Not too long ago, the Brazilian real was one of the hottest currencies around.
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Market Update from Trade The News
US Market Update
Dow +1.20
S&P +2.00 Nasdaq +4.73
- Indices opened this morning well
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EUR/CAD - Euro Canadian Dollar, American Session - 30/10/08
1,5720.
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EUR/CHF - Euro Swiss Franc, American Session - 30/10/08
1,4791.
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EUR/JPY - Euro Yen, American Session - 30/10/08
128,83.
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EUR/USD - Euro Dollar, American Session - 30/10/08
1,3093.
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GBP/JPY - British Pound Yen, American Session - 30/10/08
162,50.
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GBP/USD - British Pound Dollar, American Session - 30/10/08
1,6555.
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USD/CAD - US Dollar Canadian Dollar, American Session - 30/10/08
1,2009.
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USD/CHF - Dollar Swiss Franc, American Session - 30/10/08
1,1297.
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USD/JPY - Dollar Yen, American Session - 30/10/08
98,43.
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