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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25
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: 06/10/08 20:39
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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
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: 27/05/08 21:23
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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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: 5 min
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: 09/09/08 22:56
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01/12/09 - Daily Forex Market News from cmsfx.com
Yen Gains as Risk Aversion Grips Forex Markets
Monday, January 12th, 2009
Recap: With global stocks sinking to start the week, the Yen gained on its main rivals, extending gains seen at the end of last week. Commodity currencies like the Aussie and Loonie were pressured as oil fell more than $3 a barrel.
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: 12/01/09 23:47
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03/25/08 - Daily Forex Market News from cmsfx.com
Today's Recap: Dollar Down vs Euro, Pound, Yen as Markets Price in More Rate Cuts by Fed
The Dollar was pressured on Tuesday as speculation of a 50 basis point move next month by the Fed was priced into the markets. The greenback declined in value vs the Euro, Pound, and the commodity bloc of currencies to start the week. A rally in carry trade pairs on Monday stalled in today's session.
Consumer Confidence fell to a five year low the US, and Home Prices were shown to be down
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: 25/03/08 20:26
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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
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: 05/11/08 23:37
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06/20/08 - Daily Forex Market News from cmsfx.com
Financial Market Woes Dim Hopes of Fed Hike, Dollar Weaker To End Week
Friday, June 20th, 2008
The Dollar sank today as did US equities as concerns over financial companies came back to the front. Also oil was up pressuring US stocks. With prospects of a Fed rate hike dimming, there was Dollar weakness in the markets.
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: 3 min
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: 20/06/08 21:06
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10/31/08 - Daily Forex Market News from cmsfx.com
Dollar and Yen Rally as Markets Retrace Gains from Middle of the Week
Friday, October 31st, 2008
Currency markets saw high yeilders give up some of their gains from earlier in the week as traders consolidated their positions and Asian stocks fell. Data showed weak consumer spending from Japan and the US, and the first rate cut by the Bank of Japan in 7 years.
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11
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: 31/10/08 23:02
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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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41
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: 23/09/08 22:26
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CMS Forex Commercial
Currencies are personified...namely, the British Pound (Knight), American Dollar (Cowboy), Japanese Yen (Ninja), and the European "Euro" (Musketeer).
These currencies are depicted fighting it out in the Foreign Exchange (Forex) markets.
Note: While I think the commercial is cool, this isn't an endorsement....all investments carry risks.
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: 04/11/07 21:22
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