Sterling gains against the Dollar as stocks rise |
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Friday, 21 November 2008 |
rising stocks are reviving risk appetite, boosting demand for the U.K. currency
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The Dollar declines on speculation the U.S jobs report will come in the negative |
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Friday, 21 November 2008 |
The U.S. currency also declined versus the British pound as future traders bet the Fed will cut borrowing costs
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Worries over global recession, credit markets remain bearish, Yen rises |
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Friday, 21 November 2008 |
Doubtfulness over U.S. auto industry urges credit restlessness
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Japanese yen accelerate vs. the dollar, risk aversion |
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Friday, 21 November 2008 |
Today the main focus will be on report of BOE and Monetary Policy Committee regarding their vote for the interest rate cut two weeks ago at 9:30 (GMT). U.S will provide the housing data and consumer price index in the domestic economy at 13:30 (GMT)
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Risk and Carry Guiding the Dollar |
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Friday, 21 November 2008 |
A steep decline in the Wall Street lead to a negative trend in the Asian market leaving the tradrs focused on risk aversion
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Japan is officially in Recession; Risk Aversion Seen Intact |
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Friday, 21 November 2008 |
The dollar strengthens in the Asian and European opening on surprising data from Japan that officially went into recession
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Yen rises before G20 meeting as global economy enters into a recession |
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Friday, 21 November 2008 |
Japan's currency climbed this week against the Australian and New Zealand dollars
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Sterling drops below $1.50 on economic fears |
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Friday, 21 November 2008 |
The U.K. currency breached $1.50 yesterday for the first time in more than six years
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The Sterling trades at a record low versus the Euro |
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Friday, 21 November 2008 |
U.K. home sales dropped last month to the lowest level in at least three decades
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Banks say dollar rally might come to an end next year as economy worsens |
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Friday, 21 November 2008 |
The dollar has advanced 13 percent against the euro since the collapse of Lehman Brothers Holdings Inc
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