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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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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09/03/08 - 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
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: 03/09/08 21:33
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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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Time
: 3 min
47
Added
: 10/09/08 22:25
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09/15/08 - Daily Forex Market News from cmsfx.com
Collapse of Lehman Brothers Boosts Yen on Risk Aversion
Monday, September 15th, 2008
News that troubled US investment bank Lehman Brothers filed for bankruptcy set off a wave of selling in carry trade positions. Stocks around the world tumbled. especially in Europe and the US. The Yen and Swiss Franc gained on their rivals, and the US benefited from its "safe-haven" status.
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Time
: 3 min
45
Added
: 15/09/08 21:35
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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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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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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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Time
: 4 min
59
Added
: 30/08/08 00:06
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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
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: 24/12/08 22:06
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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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Time
: 4 min
15
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: 25/08/08 22:31
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