Dollar higher in Asia on credit crunch The dollar was higher in Asian trade on Wednesday as risk-averse investors turned to the greenback as a safe haven in the fast-moving global financial crisis, dealers said. Filed under Forex News by Forex Admin
Original post by All Forex for your Currency Exchange Fix
German Retail Sales Improves in August Amid Mounting Growth Fears October 1st, 2008 by Retail spending in Germany surged to a two year high of 3.1% from a revised reading of -1.0% in July on the back of falling oil prices. Meanwhile, retail… Go here to see the original: […]
GBP/USD LONG
TP +150 @ 1.79877
EUR/USD LONG
TP +120 @ 1.42282
USD/CHF STILL OPEN
Original post by ffxts
German Retail Sales Improves in August, Euro Breaks Above 1.4125 October 1st, 2008 by Retail spending in Germany surged to a two year high of 3.1% from a revised reading of -1.0% in July on the back of falling oil prices. Meanwhile, retail… See the rest here: German […]
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Rumors of a re-pricing of the Lloyds TSB and HBOS merger deal continues. The original offer was of 0.833 Llodys TSB shares for every HBOS share, but after… Source:Rumours of Lloyds TSB and HBOS Merger Deal Continues a2a_linkname=”Rumours of Lloyds TSB and HBOS Merger Deal Continues”;a2a_linkurl=”http://www.frenzyforex.biz/2008/10/01/rumours-of-lloyds-tsb-and-hbos-merger-deal-continues/”; […]
Original post by Forex - Foreign Exchange Blog
UPDATE 1-Vietnam Sept forex reserves rise to $21.9 bln-c.bank Vietnam’s foreign exchange reserves are estimated to rise to $21.9 billion at the end of September from $20.7 billion in June and $20.1 billion at the beginning of 2008, the central bank said. Filed under Forex News by Forex Admin
Original post by […]
Australia central bank adjusts forex basket; China yuan given highest weight Australia’s central bank has allocated the highest weight to China’s currency in its new trade-weighted basket of currencies, toppling the Japanese yen and reflecting increased trade ties with the Asian giant. Filed under Forex News by Forex Admin
Original post by […]
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Paulson, unlike Congress, wants to throw everything the United States has into fighting the deflation afflicting American banks right away. And Bernanke - a scholar on monetary policy - understands the cost of inaction from examples like the Great Depression (when the Fed failed to address deflation until the latter half of the 30’s) […]