March 19th, 2010 by Forex: iStockAnalyst.com Feed
Once again bond markets are having a hard time maintaining a rally after the Fed’s earlier stand on its policy of maintaining low interest rates. Dealers continue to mull the potential for a second nudge higher in the Fed’s discount rate, which is overhanging market sentiment. As much as investors want to see a continuation of near-zero interest rates the threat of increases at the Fed’s symbolic rate serves to remind fixed income investors that benchmark interest rates may not be going up today, but that?s the general direction at some unspecified point. The relief rally in the Eurozone that’s helped push yields towards record lows also appears to be running tired of the story that Greek woes will splinter the Eurozone.[More...]
Read the rest »
March 18th, 2010 by Forex: iStockAnalyst.com Feed
Jason Moschella, MSc, PRM
Recent strength in the Canadian dollar may portend a rally in crude prices.
Historically, the CAD/USD exchange rate has tracked crude prices reasonably well.[More...]
Read the rest »
March 17th, 2010 by Forex: iStockAnalyst.com Feed
3/17/2010 04:30 am: EUR/$..1.3778 $/JPY..90.51 GBP/$..1.5215 $/CHF..1.0536 AUD/$..0.9201 $/CAD..1.0128
Asia Pacific markets were stronger today after the Fed announced yesterday that it will maintain record low rates for an "extended period of time." The language of the FOMC press release suggests that economic conditions have continued to improve with increases in household spending as well as signs of stabilization in the labor markets. US markets rallied on the news lifting the Dow some 43 points to close at 10685.98. Announcements from the BoJ also set the tone for a rally in Asian market as the central bank left interest rates unchanged. The greenback came under pressure as risk appetite steered investors towards riskier, higher yielding assets.[More...]
Read the rest »
March 17th, 2010 by "Forex" - Google News
Read the rest »
March 16th, 2010 by Forex: iStockAnalyst.com Feed
3/16/2010 03:30 pm: EUR/$..1.3770 $/JPY..90.29 GBP/$..1.5252 $/CHF..1.0542 AUD/$..0.9180 $/CAD..1.0140
The greenback fell on Tuesday after the Fed announced an unchanged rate decision with a dovish rate outlook. The euro rose to session high at 1.3776 against the dollar after the FOMC announcement, however, the rally did not sustain after the market quickly digested this statement.[More...]
Read the rest »
March 16th, 2010 by Forex: iStockAnalyst.com Feed
3/16/2010 4:30 am: EUR/$..1.3680 $/JPY..90.42 GBP/$..1.5046 $/CHF..1.0607 AUD/$..0.9155 $/CAD..1.0176
Asian equity markets were mixed after a late session rally leveled off a lackluster day in the US with the Dow up 17.46 points, closing at 10642.15. Financials rallied late in the day after Senator Dodd’s proposed financial regulatory overhaul gained some momentum. Traders are cautious ahead of the FOMC rate decision at 2:15pm in New York today.[More...]
Read the rest »
March 15th, 2010 by Forex: iStockAnalyst.com Feed
One of the on-going behavioral themes of the rally in equity markets since March last year has been the persistent out performance of small caps.[More...]
Read the rest »
March 13th, 2010 by BusinessWeek: Investing
Read the rest »
Tags: Bond Markets, bonds, Continuation, Currency Trading, Currency Trading News, eurozone, Fixed Income, Forex, Hard Time, investors, Low Interest Rates, Market Sentiment, rally, Record Lows, Woes, Zero Interest
