5
Yen Trades Near Strongest Since 2002 on Global Economic Conc
The yen traded near the highest level against the euro since 2002 as global economic turmoil led investors to sell higher-yielding assets and pay back low-cost loans in Japan's currency.
11
The Yen Continues To Rise, The Carry Trade Is Dead
The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and o 5
Weekly jobless claims rise 15,000 to 478,000
Jobless claims moved higher last week, pointing the way to an increase in the nation's unemployment rate, economists said Thursday. 13
Reality in the Economy
The vast majority of Canadians are woefully unprepared for the world that is emerging around them. This is not simply because the savings rate in the country has fallen, year by year, nor is it because their financial assets have been shredded an 14
Bank of Canada sees sluggish growth until 2010
Canada's economic performance is expected to be sluggish through the first quarter of next year, the country's central bank said Thursday. 15
EUR/USD Falls Further Following Overnight Session
The euro is currently off new two-year lows against the U.S. dollar on Thursday morning, due in part to dovish comments by European Central bankers. 6
Euro, Pound Tumble on Bets European Central Banks to Cut Rat
The euro fell below $1.28 for the first time since November 2006 and the pound tumbled to a five- year low on speculation European central banks will cut interest rates as the global economy heads for recession. 5
Dollar Soars To 2-Year Peak Versus Euro As Recession Talk He
The dollar skyrocketed versus most other majors overnight before leveling off Wednesday morning, but continued to move lower versus the broadly stronger yen. Traders are selling off higher-yielding currencies on favor of the dollar and yen amid g 
