09/24/08 - Daily Forex Market News from cmsfx.com
Markets Consolidate, with Yen Slightly Weaker vs Rivals
Wednesday, September 24th, 2008
Data from the Euro-zone was mixed today as the German IFO Business Climate Index continued to deteriorate though the current account deficit narrowed. In the US, existing home sales fell more than expected. Markets were pretty subdued with the Yen falling slightly as investors continue to speculate about the US bailout plan.
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: 24/09/08 21:44
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Forex Video | News Trade Alert | August 5, 2008
Although purchasing manager surveys are expected to draw traders' attention prior to Tuesday's London close, it is the FOMC statement that should capture the day's spotlight. July's UK Services PMI report is due for release during the European session, and ISM's Non-Manufacturing Index becomes public knowledge 30 minutes after the open of US equity markets. During the New York afternoon, the Federal Open Market Committee is expected to keep the Federal Funds rate at the present 2%.
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: 9 min
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: 05/08/08 05:33
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10/13/08 - Daily Forex Market News from cmsfx.com
Global Stocks Recover Following Steps by Governments to Recapitalize Banks
Monday, October 13th, 2008
Stocks in Asia, Europe and the US rose today as governments around the world announced plans to recapitalize banks, offer money to facilitate lending. The Pound, Euro and Dollar rose against the Yen, reversing some of the losses seen on Friday.
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: 13/10/08 21:29
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12/19/08 - Daily Forex Market News from cmsfx.com
Bank of Japan Cuts Rates to 0.1% While US Gov't Bails out Auto Sector
Friday, December 19th, 2008
There were some key announcement today as the Bank of Japan cut its benchmark interest rate to 0.1% and the US government said it would tap the TARP funds to give the auto auto industry a bailout. Markets saw continued Dollar strength as part of a correction.
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: 19/12/08 22:51
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01/06/09 - Daily Forex Market News from cmsfx.com
Yesterday's Sharp Moves Extend in Today's Trading
Tuesday, January 6th, 2009
Recap: Data from Europe showed inflation cooling more than expected which pushed the Euro lower today against the Dollar and Pound. In the US durable goods and pending home sales plunged while the ISM Non manufacturing index improved slightly.
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: 07/01/09 00:13
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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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11/20/08 - Daily Forex Market News from cmsfx.com
Heavy Selling in Global Stocks Increases Risk Aversion Boosting Yen
Thursday, November 20th, 2008
Global stocks saw a sharp sell-off today which ended with US stocks closing at multi-year lows. Risk aversion was in full bloom today as the Yen gained on its rivals. In a surprise move the Swiss National Bank lowered rates by 100 basis points.
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: 20/11/08 23:23
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07/17/08 - Daily Forex Market News from cmsfx.com
Risk Appetite Returns to Markets, Boosted by Equities and Lower Oil
Thursday, July 17th, 2008
The Euro, Pound and Dollar rallied against the Yen as investor sentiments lifted with a second day of strong gains in US markets. European stocks were up as well, and oil prices slid for a third day. Risk appetite, and increased carry trade was the main theme.
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: 17/07/08 21:21
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08/29/08 - Daily Forex Market News from cmsfx.com
Dollar Sinks vs Yen as US Stocks Decline, But Dollar Up vs. Other Rivals to End Week
Friday, August 29th, 2008
The Dollar gained on the Euro after the Euro-zone put out cooler inflation data. The Loonie was pressured by weak GDP data, and the Pound is falling prior to next week's bank meeting. US stocks suffered after a weak US spending report. Positive data boosted the Yen.
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: 30/08/08 00:06
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08/25/08 - Daily Forex Market News from cmsfx.com
Greenback and High-Yielders Slide as Risk Aversion Sweeps Through Market, US Stocks Sharply Lower
Monday, August 25th, 2008
After starting stronger against the Euro and Pound the Dollar slid as credit market woes thrashed US stocks. The Yen and Swiss Franc were boosted by the increase in risk aversion, while falling commodities pressured the Aussie and Kiwi.
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: 25/08/08 22:31
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