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Support for Japan PM falls to 46 percent

posted by Avatar czarinacleopatra 1322 days ago in JPY made popular 1321 days ago

Tepid public support for Japanese Prime Minister Taro Aso has
fallen further in the weeks since he took office and voters now want
help for the country's economy to take priority over domestic politics,
according to a poll published Monday.  read more
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Japan opposition wants bigger global security role

posted by Avatar czarinacleopatra 1322 days ago in JPY made popular 1320 days ago

Japan would play a more active role in global security if the

opposition wins upcoming elections and would also seek better

diplomacy to bring peace to Afghanistan, the shadow defence

minister said.  read more
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Crisis leads to ecological crossroads

posted by Avatar sassygirl 1322 days ago in CHF made popular 1315 days ago

The current financial crisis presents an opportunity to re-examine the strain on natural resources, according to a Swiss expert.  read more
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Oil price dives to $77 as global equities slide

posted by Avatar fxhottie 1324 days ago in USD, Daily, Oil

Oil prices slumped towards 77 dollars per barrel on Friday, amid a worldwide equities meltdown, with traders convinced that an economic slowdown will hurt energy demand, dealers said.  read more
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`Independent' ECB Cuts May Lift Euro Against Dollar

posted by Avatar MarcB 1325 days ago in USD, EUR, Daily

The euro will benefit against the dollar should the European Central Bank lower overnight borrowing costs on its own after joining a coordinated easing by central banks around the world, Citigroup Global Markets Inc. analysts wrote today in a not  read more
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C$ Plunges Sharply, Sentiment Remains Poor

posted by Avatar piptographer 1325 days ago in CAD, Fundamental, Daily made popular 1324 days ago

The Canadian dollar ended drastically lower again Thursday, falling to more new 18-month lows as oil prices retreated further and risk aversion kept buyers away from the faltering Canadian currency, which has now fallen about 11.0% against the U.  read more
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UK Trade Deficit Contracts In August

posted by Avatar pippinator 1325 days ago in GBP, Fundamental, Trade made popular 1324 days ago

UK’s total trade deficit narrowed slightly in August after widening in July, official data showed.  read more
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USD/CAD Surges, Yen and Dollar Consolidates

posted by Avatar sheryl 1325 days ago in Technical, Daily made popular 1324 days ago

Markets remains relatively calm comparing to recent high volatility. US stocks open mildly higher but there is not enough momentum for a sizeable rebound. Yen and dollar continues to consolidation in most pairs. Aussie is still maintaining earlie  read more
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Gold Futures Drop on Bets Global Slump to Cut Commodity Dema

posted by Avatar dollardude 1325 days ago in Gold made popular 1324 days ago

Gold fell for the first time this week on speculation that a global economic slump will reduce demand for commodities. Silver gained.  read more
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Crude Hits Below $85 A Barrel

posted by Avatar jonnycakes 1325 days ago in Oil made popular 1324 days ago

Oil fell to a yearly low on Thursday as demand continued to plunge amid the global credit crisis. Light sweet crude closed at $86.59 a barrel, down $2.36 on the session. Crude then hit as low as $84.19 in trading after the markets closed.  read more
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Forex Market Commentary for October 6, 2008 by Cornelius Luca

posted by Avatar wiredprg 1325 days ago in Daily

GFT Daily Market CommentaryThe dollar stabilized after the House voted for the TARP and despite the horrible nonfarm payrolls. The credit markets remain frozen and the dollar is needed for funding out of Europe. The European horizon is darkenin...  read more
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Chart of the Day - 10/09/2008 - EUR/USD

posted by Avatar jameschen 1325 days ago in USD, EUR, Technical made popular 1325 days ago

Within the past few days, a tight consolidation on the EUR/USD (a daily chart of which is shown) has formed a rough inverted flag pattern  read more