9
EUR/GBP
Technical long play idea on EUR/GBP
4
Oil dips under $50 on fears of deep recession
Oil prices plunged over $3 Thursday, briefly dipping below $50 a barrel as 16-year high U.S. unemployment figures and plummeting stock markets caused investors to price in lower crude demand. 4
Australian,New Zealand Dollars Decline as Risk Appetite Wane
The Australian and New Zealand dollars fell the most in a week on speculation a slump in regional stocks and the prospect of more interest-rate cuts prompted investors to pare holdings of the two nations' assets. 3
MoneyMarket Rates Fall on Bets Rate Reductions to Accelerate
The cost of borrowing in dollars for three months in London fell on speculation policy makers will accelerate interest rate cuts and provide more cash amid signs the deepening global recession is thwarting lending by banks. 6
High-yielding currencies under pressure
High-yielding currencies like the Australian dollar and the British pound came under pressure as investors fretted about declining stock markets and an unraveling world economy. 6
Fears increase on UK retail sales
Many analysts have described the pre-Christmas storm around retail sales in the UK simply as a high street war, due to the increased competition and price slashing that is used to entice hard-up consumers part with their hard earned cash. 5
Risk aversion weighs on Aussie dollar
The Australian dollar closed weaker yesterday, dropping to a three-week low in a market gripped by escalating risk aversion. 6
Swiss National Bank makes surprise rate cut
The Swiss National Bank on Thursday made a surprise and steep one percentage point rate cut, noting fading price pressures and a deteriorating world economy. 
