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The end of the joy ride in EURUSD?
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The end of the joy ride in EURUSD?
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The end of the joy ride in EURUSD?
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Asian stock losses not enough to deter yen funded carries
GBP falls out of bed overnight to a new record low against the EUR. RBA on tap tonight as market mulls size of rate cut.
Plummeting oil prices continue to stoke USD rally. AUD bounces a bit on relief that RBA only cut 25 bps.
Today's ECB meeting: a turning point or an accelerator for the EUR decline? BOE also on tap - any chance of a surprise cut?
Market jittery and liquidity low - capitulation on its way? OPEC tries to put a floor on oil prices with a production cut.
Relief on US Fed's takeover of AIG gives carry trades a breather - but for how long? USDJPY having a go at 200-day moving average.
Forex Market Update
USD fall deepens as market frets its ability to retain value with coming onslaught of debt issuance. Investors suddenly seeking safe haven in metals in recent days.
Credit markets are seizing up again. Credit spreads blow back out and USD still looking shaky as world watches and waits for TARA.
TARA bailout plan thrown into doubt by last minute Republican gambit. Risk appetite dives on the news and JPY moves stronger.
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