Dollar Climbs as Global Risk Sell-Off Resumes- Kiwi Downgrade Weighs
Friday, September 30th, 2011 Posted in Market Comments | Comments OffThe US dollar advanced in early European trade as the rout in global equity markets resumed with the kiwi under substantial pressure after being downgraded by rating agencies Fitch and S&P.
USD Rally Threatened By Weak Employment, Euro Breakdown On Tap
Friday, September 30th, 2011 Posted in Market Comments | Comments OffThe greenback recoup the losses from earlier this week and the rebound may carry into the following month as the flight to safety gathers pace.
Guest Commentary: Oil Prices – Daily Outlook 09.30.2011
Friday, September 30th, 2011 Posted in Market Comments | Comments OffOil prices are likely to end the week slightly recovering from the sharp falls they have endured last week. Oil along with the US stock market rose during most of the week.
Forex: USD Strength To Accelerate, Euro Weighed By Rate Expectations
Friday, September 30th, 2011 Posted in Market Comments | Comments OffThe U.S. dollar regained its footing on Friday following a shift in risk sentiment, and the reserve currency may continue to appreciate throughout the North American trade as it benefits from safe-haven flows.