Archive forJanuary, 2008
January 2, 2008 @ 2:05 am
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Forex - Dollar extends losses vs euro on view Fed will cut rates …
Forbes - HONG KONG (Thomson Financial) - The US dollar extended losses against the euro in afternoon trade in Asia on Wednesday as speculation persisted that the Federal Reserve will lower interest rates again this quarter amid worries over the credit markets …
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January 2, 2008 @ 10:40 pm
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Forex - Dollar weakens on surprise drop in US manufacturing ISM
Forbes - LONDON (Thomson Financial) - The dollar softened further after the US manufacturing ISM indicator showed an unexpected contraction in activity in December, suggesting the US economic slowdown is broad-based. The ISM fell to 47.7 from 50.8 in November …
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January 6, 2008 @ 2:20 pm
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Wary investors opt for forex trading
Stockhouse Canada - A volatile stock market, better consumer protection and new internet trading products have drawn thousands of retail investors back to foreign-exchange trading. According to figures from theBank of International Settlementsand the Hong Kong Monetary …
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January 9, 2008 @ 4:20 am
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Forex - Dollar Declines To New Multi-year Low Against Malaysian …
RTT News - 1/9/2008 3:05:13 AM Against the Malaysian Ringgit, the US dollar weakened in early trading on Wednesday. At about 2:45 am ET, the dollar-ringgit pair touched a new multi-year low of 3.2665, compared to yesterday’s close of 3.2710. 1/9/2008 2:22:12 AM …
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January 10, 2008 @ 2:50 am
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FOREX-Dollar climbs as Poole says U.S. recession unclear
Reuters - NEW YORK, Jan 9 (Reuters) - The dollar climbed on Wednesday following comments from a Federal Reserve official who said it would be a mistake to say a U.S. recession is at hand. St. Louis Fed President William Poole said that while there are …
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January 18, 2008 @ 9:30 am
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Forex - Greenback Steadies Versus Majors Ahead Of Bush Speech On …
RTT News - 1/18/2008 7:11:56 AM The greenback was generally stronger versus its major counterparts Friday morning in New York amid guarded optimism that an economic stimulus plan may help stave off recession. On Friday, President Bush is expected to highlight a …
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January 21, 2008 @ 10:25 pm
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Forex Market Outlook on Minors/Crosses
FXStreet.com - wud hold fm here. Wud not chase this move here n sell on recovery for day trade as upside wud be ltd to 0.8635/40… Published On Tue, Jan 22 2008, 01:29 GMT Forex Market Outlook on Minors/Crosses Published On Mon, Jan 21 2008, 02:26 GMT Forex Market …
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January 24, 2008 @ 4:50 pm
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Forex - Greenback Drifts Lower Against The Mexican Peso [USD/MXN]
RTT News - 1/24/2008 2:22:33 PM The Japanese yen extended its early hours weaknesses against its major counterparts during afternoon New York deals on Thursday. Against the Swiss franc, the yen falls to 8-day low of 98.57 by about 2:05 pm ET, compared to …
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