| Forex Correlations (September): Market Participants Slowly Shifting Their Focus from Risk to Growth (Daily FX) Through the close fundamental ties between the Euro Zone, UK and Swiss economies; we would expect to see a significant correlation develop in their respective currencies as the health of one major player will impact its peers. us.rd.yahoo.com |
Kiwi dollar bouyed by Wall St, M&A activity The New Zealand dollar rose, buoyed by gains on Wall Street and equity markets in Europe amid merger and acquisition activity in the world's largest economy stoked optimism.The Dow Jones Industrial Average climbed 1.3 per cent... nzherald.co.nz |
Dollar decline continues as trade deficit widens (AP) The dollar dropped Friday after the government said the trade deficit widened in September, while the 16-nation eurozone officially emerged from recession, luring investors away from the safe-haven dollar. us.rd.yahoo.com |
Eur/Usd (Daily FX) I thought there might be a chance that the EUR/USD would trade down through the November 3rd low of 1.4625 after the release of last Friday's Nonfarm Payrolls and the initial reaction to that release. us.rd.yahoo.com |
US housing news weighs on world markets (AP) European stock markets extended losses Monday as a Wall Street rally ground to a halt following particularly bad U.S. housing data and ongoing concerns about President Barack Obama's plan to curb banks' risk-taking. us.rd.yahoo.com |