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Thursday, March 13th, 2008
The Dollar hit a 12 year low vs the Yen, falling below the 100 level. Retail Sales fell 0.6%, undershooting forecasts and signaling that consumers may be tightening their spending as the US slowdown progresses. The Euro hit a new record high vs the Dollar.
Author: infiniteforex
Keywords: forex fx metatrader currency
Added: March 20, 2008
Friday, March 14th, 2008
US equities fell lower today after Bear Stearns needed an injection of funds from the Fed and JP Morgan. The stock of the firm plummeted 40%, increasing risk aversion. As a result, the Yen strengthened and the Swiss Franc reached parity with the US Dollar for the first time ever.
Author: infiniteforex
Keywords: forex fx metatrader currency
Added: March 20, 2008
Monday, March 17th, 2008
The Dollar fell sharply vs the Euro, Yen and Franc after the Sunday open, as it was announced that JP Morgan purchased Bear Stearns at $2 a share and the Fed acted to cut the discount rate by 25 basis points. The Dollar managed to pare some of those losses on Monday.
Author: infiniteforex
Keywords: forex fx metatrader currency
Added: March 20, 2008
all time low singing shameless.
Lyrics :
Hips swaying, lips lie
Like clockwork, she’s in control
Of all the right guys
And I’m still waiting
Fitting nights with a car alarm
Wears high-tops with her favorite stone
She’s showing off the way she walks
It’s on
Take me, show me
(Whoa oh, whoa oh)
The corners of your empty room
The trouble we could get in to
Just fake it for me
(Whoa oh, whoa oh)
Disregard the footsteps
And we’ll never tell a soul
Tonight I’m finding a way
To make the things that you say
Just a little less obvious
I walk a fine line
Between the right and the real
They watch me closely
But talk is cheap here
The Federal Reserve moved to cut rates aggressively, bring rates down to 2.25% from 3%. The Dollar gained in a knee jerk reaction as investors believe this move may the Fed is concerned about inflation. The UK and Canada released mixed consumer inflation reports.
Author: infiniteforex
Keywords: forex fx metatrader currency
Added: March 20, 2008