10/06/08 - Daily Forex Market News from cmsfx.com
Credit Crisis Spreads in Europe, Global Stocks Tumble Boosting Risk Aversion
Monday, October 6th, 2008
European governments rushed to shore up their faltering banks as the credit crunch continued to wreak havoc on financial institutions. A meeting of top EU leaders failed to hammer out a coordinated approach, two more firms needed to be rescued and stocks tumbled.
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Time
: 3 min
25
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: 06/10/08 20:39
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11/05/08 - Daily Forex Market News from cmsfx.com
Service Sectors Contract Around the World, Some Pullback from Risk Appetite
Wednesday, November 5th, 2008
Traders saw another round of weak data from key country's services sectors, putting the focus again on global recession fears. The last week had seen a return to risk appetite but that was turned back as stocks in Europe and the US faltered.
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Time
: 6 min
09
Added
: 05/11/08 23:37
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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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Time
: 5 min
29
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: 24/09/08 21:44
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10/14/08 - Daily Forex Market News from cmsfx.com
Risk Appetite Continues in Markets, Yen Declines, Dollar Down vs Euro and Pound
Tuesday, October 14th, 2008
Stocks in Asia and Europe rose as investors continued to respond positively to steps taken by governments to stem the credit crisis. The Yen retreated on an increase in risk appetite. The US session reversed some of those sentiment as US stocks faltered in late trading.
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Time
: 4 min
46
Added
: 14/10/08 23:17
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09/09/08 - Daily Forex Market News from cmsfx.com
Greenback Falls as Stocks Fall and Risk Aversion Returns
Tuesday, September 9th, 2008
Risk aversion returned to the forex markets, as US stocks fell in the wake of news Lehman Brothers lost a partner in helping to raise capital. The Yen rose as a result. Data from Australia and the UK were weak, while German trade balance and US pending home sales disappointed forecasts as well.
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Time
: 5 min
01
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: 09/09/08 22:56
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09/23/08 - Daily Forex Market News from cmsfx.com
Weak European Data Sinks Euro, Commodities Ease, Rand Down on Political Turmoil
Tuesday, September 23rd, 2008
Weak fundamental data from the Euro-zone including poor preliminary numbers on manufacturing and services PMI pressured the Euro. US housing prices continue to decline and the Richmond Fed was poor as well. Several currency pairs paused in their recent rallies.
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Time
: 5 min
41
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: 23/09/08 22:26
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09/03/08 - Daily Forex Market News from cmsfx.com
Greenback Gains Overnight as Poor News Inundated Other Economies, Loonie Boosted by BOC Decision
Wednesday, September 3rd, 2008
GDP data from Australia pressured the Aussie, while the Euro and Pound fell overnight to the Dollar before recovering prior to the NY open. With US stocks down in afternoon trading, the Yen and Swiss Franc were boosted due to an increase in risk aversion.
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Time
: 5 min
06
Added
: 03/09/08 21:33
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12/24/08 - Daily Forex Market News from cmsfx.com
US Data Mixed, Currencies Stick to Ranges, Except Franc
Wednesday, December 24th, 2008
In light pre-holiday trading most currency pairs stuck to tight ranges and showed limited movement. The Franc rose against the Pound, while the Kiwi gained on the Yen. US data showed jobless claims increasing, but durable goods orders fell less than expected.
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Time
: 3 min
26
Added
: 24/12/08 22:06
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09/10/08 - Daily Forex Market News from cmsfx.com
Dollar Strength Undeterred by Lehman, US Stocks Recover as Well Pushing Back Yen
Wednesday, September 10th, 2008
The bout of risk aversion seen yesterday was reversed, and Lehman's large loss did not deter US equity markets from rising. The Dollar and others rose against the Yen. The Euro fell closer to a one year low against the Dollar as its growth forecast for 2008 was lowered.
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: 3 min
47
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: 10/09/08 22:25
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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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Time
: 4 min
43
Added
: 27/05/08 21:23
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