US government comes to the aid of the dollar |
|
Highlights Bernanke sees downside risks to growth diminishing, and inflation risks increasing ECB dampens interest rate hike speculation; no series of rate hikes on the cards Dollar on the road to recovery Speculation about interest rate hikes in the eurozone, weak US labour market and trade data, and clear signs that the credit crisis is still far from over for US banks pushed EUR-USD over 1.58 at the end of last week and the beginning of this week. During the course of the week, however,
Filed under: Technical
Latest Posts
- Hourly perspective for US session
- The US stock indexes are lower in pre-open market
- FX Thoughts for the Day
- Markets pause as RBI rate hike effect is analyzed and implications of the historic US healthcare House vote
- European Session News Summary
- USD higher, Greek worries, US China trade friction
- Healthcare Reform Pressuring Stocks
- Dollar Firm; Focus on Lower Risk Assets
- US Morning Briefing
- Forex Daily Analysis - Is the EUR/USD on its Way Towards a New Low?
- Fed doesn’t stop the dollar from gaining
- S&P and Mini Dow Jones
- Market Outlook
- U.S. dollar attracts investors as GBP looses strength
- Yen traders should note that the Japanese CPI data is scheduled to be released on Thursday
No Comments! Be The First!