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Words from the (investment) wise for the week
Welcome to Wall Street, Barack Obama. His victory signaled a change in US political direction, but the biggest election day rally ever – a surge of 4.1% in the S&P 500 Index on Tuesday
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BOE will cut another full point in December
While a shock and awe approach to rate cutting Thursday saw the Bank of England cut the key rate 150 basis points to 3% briefly lent the British pound support, weak economic data piled up and left the currency down 2.5% against the greenback at t 13
Forex Trading Weekly Forecast - 11.17.08
For weeks we’ve been discussing how risk appetite, or the lack of it, has been driving price action throughout the forex markets to the benefit of the lowest yielding major currencies: the US dollar and Japanese yen. The strength of the greenback 13
Swiss franc ended the week down 1.8% against the US dollar
The Swiss franc ended the week down 1.8% against the US dollar on signs of a modest recovery in risk taking activity and unwinding of safe haven trades including long francs against euros (had an indirect negative impact on franc versus the US$). 12
Swiss franc ended the week up 0.8% against the US dollar
The Swiss franc ended the week up 0.8% against the US dollar after last week's 2.6% decline as markets warmed to risk taking. 12
Weekly Trends
The emotional high of Barack Obama’s presidential victory this week has been replaced by the realization by investors that current economic problems are unlikely to have a quick fix. 12
IMF again cut its forecast for growth in 2009
Leading indicators continued to point to a deteriorating economic outlook as the IMF again cut its forecast for growth in 2009. Confidence has been threadbare of late and such extraordinary times call for extraordinary actions. 11
US Dollar Weekly Commentary
With more signs of a thaw in credit markets and moderation in risk aversion, the US dollar index ended the week down 0.7%. However the dollar index ended the month up around 8% which is the largest monthly gain in 17 years. 
