Foreign Exchange Markets

China's stimulus plan raises concerns

Is China's over four trillion yuan's (US$586 billion) stimulus plan going to boost its domestic economy, or cause massive wastes? Maybe the latter, warned Zhou Xiaochua, chief of China's central bank.

Globally, equities will not be a one-way bet

We can be quite positive on equities in the short term. I don’t think equities are pricing in further signs of green shoots. But it will not be a one-way bet and there will be greater distinction in certain sectors and...

Dollar climbs

The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the "safe-haven" greenback. In late afternoon trading here, the...

Dollar, Euro, and Yen Analysis

Heavy selling through the US session as predicted yesterday with the Dow finishing 214 points down on the day. Oil also down only assisting in the strength of the greenback. The risks retracing overnight during the Asian...

CAD Implied Volatilty at Fresh 2 Yr. Highs

Important Note: The charts contained herein are not based on spot FX. All charts shown in this post are those based on the September CME Canadian dollar futures and options contract. This is for illustration purposes only and...

The Next Two Weeks

We remain in Buy Mode. We're cautious though. As noted above, we've been looking for the market to move higher into 7/2 followed by a retracement into 7/17. That move looks to have initiated on Thursday, but I'd like to see...

Erste Bank - Trusting in gold.

Austria's Erste Bank's latest Special report on Gold still rates the yellow metal positively as an investment. Author: Ronald Stoeferle Posted: Friday , 03 Jul 2009 Since Erste Bank's first Special report on Gold in 2007 when...

The U.S. Bailout Circus Is Just Getting Started

Jeflin's Investments submits: Since the last week of June, the stock market has whipsawed in a tight range. Gone is the hot-headed exuberance but neither has a drastic correction materialize. Some bulls are still holding the...

How Will the Dollar Impact Q2 Earnings?

Kathy Lien submits: U.S. traders are off for the July 4 th holiday which means that we should have quiet trading in the forex markets. When they return on Monday, the focus will shift to earnings season as investors look for...

1st Ld-Writethru: Bank of China to transact first cross-border yuan settlement Monday

BEIJING, Jul 05, 2009 (Xinhua via COMTEX) -- BACHF | Quote | Chart | News | PowerRating -- The Bank of China (BOC), China's largest foreign exchange bank, will transact the first cross-border yuan trade settlement deal Monday,...

1 2 3 4 5 next »