05/27/08 - Daily Forex Market News from cmsfx.com
Dollar Strength Returns to Markets as Oil Eases
Tuesday, May 27th, 2008
The Dollar climbed today against its rivals in a busy day of fundamental data. Consumer confidence fell in both Germany and the US, while housing prices in the US fell a record 14.4% in annual terms for March. Carry trade pairs recovered as risk appetite returned to the markets as a result of better performance in Asian stocks.
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: 27/05/08 21:23
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01/21/08 - Daily Forex Market News from cmsfx.com
Euro and Carry Trade Pairs Fall as Global Equity Markets Plunge
European and Asian-Pacific equity markets had sharp declines as the stimulus package prescribed for the US may be too little, too late. The Euro and carry trade pairs suffered large losses, and the Yen benefited.
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: 22/01/08 00:39
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