USD The USD began to weaken in mid month as expectations for Fed tightening began to subside. Renewed economic weakness in the months ahead should weigh on the USD, reversing recent gains.
EUR Recent Euro zone data have turned decidedly mixed, even in Germany. A July ECB rate hike will likely mark the final stage of [...]
Entries Tagged as 'Global Fundamentals'
Global Currency Overview - June 24 2008
June 24th, 2008 · No Comments
Tags: Global Fundamentals
Global Currency Outlook
June 22nd, 2008 · No Comments
The US dollar (USD) traded in a volatile pattern over the past month, but with a generally upward bias, as financial market expectations on U.S. short-term interest rates took a sharp turn higher on inflation concerns. However, market expects the USD to retrace some of its most recent gains, given the softness in the economy despite [...]
Tags: Global Fundamentals
Japan says G8 finmins may discuss currencies
June 11th, 2008 · No Comments
TOKYO, June 11 (Reuters) - The Group of Eight finance ministers may discuss currencies at their gathering in Japan this week but are unlikely to include the issue in their communique, a senior Japanese Ministry of Finance official said on Wednesday.
Tumultuous currency markets have kept investors on their toes after Federal Reserve Chairman Ben Bernanke [...]
Tags: Global Fundamentals