Forex - US financial turmoil is worsening but FX market await data later this week |
|
Forex News and Events: The Dollar eased on Monday amid concern losses at US financial companies will continue to mount and further weigh on the slowing economy, limiting the Federal Reserve's ability to raise interest rates by year-end. Demand for the Dollar fell as Merrill Lynch said Lehman Brothers may post a loss in the Q3 and take an additional $2.5 bio write-down on home loans for the period. The report, which came after news that regulators seized two small US banks on Friday, put
Filed under: Technical
Latest Posts
- US: Employment report disappoints
- Crude Oil Weekly Technical Outlook
- Crude oil again USD next week
- 07/05/2009 - What if the G-8 discuss the USD next week
- 07/05/2009 - What if the G-8 discuss the USD next week
- Today’s Live Show: Top 10 Events That Will Put the Spotlight on the AUD, GBP and CAD Next Week
- The Trading Week: July 5 - July 10
- Trading Currency - A Summary
- Is it strong enough?
- Libor and Official Interest rates are at their narrowest
- Libor and Official Interest rates are at their narrowest
- US: Factory Orders Continued to Recover in May
- Balkan politics - uncertainty on the rise
- Balkan politics - uncertainty on the rise
- Risk appetite heading for the exit