Commentary: We wrote yesterday that it looks like the USDCAD will extend above .9800. A pullback is expected soon though. The form of that pullback will alert us as to whether or not the USDCAD has put in a multi-month bottom or is headed lower. It d
Commentary: We wrote yesterday that the rally from .8753 is corrective (A-B-C) to this point. However, that can change if price exceeds .9068. Price remained below .9068 and the Aussie has fallen. Unless the pair is in a larger correction (complex W-
Euro Completing a 5th Wave Japanese Yen Towards 112.00? British Pound Expanded Flat Swiss Franc Same as Euro Canadian Dollar To .9900? Australian Dollar Complex Correction New Zealand Same as Aussie Commentary: We presented an alternate yesterday bu
RIYADH, Saudi Arabia (AP) -- Brazil would consider joining OPEC based on the size of the newly discovered Tupi oil field off its eastern shores, the country's ambassador to Saudi Arabia said Friday. Isnard Penha Brasil said he was attending the Organ
Fundamental Headlines USDJPY The Bank of Japan's October meeting minutes showed that the policy board reaffirmed that it should raise interest rates gradually in line with economic growth and the outlook for inflation to prevent misallocation of res
How Will The Markets React? With the Thanksgiving holiday in the US on Thursday, price action in the markets could prove to be subdued as US traders leave their desks for the week. On Monday, Canadian wholesale sales are anticipated to fall 0.3 perc
Talking Points Japanese Yen: LEI lowest in 3 years but yen boosted by weak equities Pound: Liquidation continues as 2.04 gives way Euro: EZ Trade Balance remains strong despite high exchange rates US Dollar: TICs and Industrial Production on tap A v
TAIPEI, Taiwan (AP) -- Taiwan stocks fell Friday, weighed down by the fall in other Asian bourses and the decline on Wall Street overnight. The Weighted Price Index of the Taiwan Stock Exchange fell 140.59 points, or 1.6 percent, to 8,764.8 on weak v
TOKYO (AP) -- Japanese stocks suffered a setback Friday, with the benchmark index sagging to near its 15-month low as the yen's further advance against the U.S. dollar raised worries about the outlook for Japanese corporate earnings. A strong yen aff
TOKYO (AP) -- The dollar fell Friday in Asia as growing fears over the extent of U.S. subprime mortgage troubles and their impact on the economy led speculators to close risky positions. The U.S. dollar briefly dropped as low as 109.87 yen, compared
BEIJING (Reuters) - Chinese capital spending in October rose at the briskest pace in over a year, rounding out a strong batch of monthly economic data and cementing expectations of a fresh rise in interest rates, possibly as early as Friday. Capital
MANILA, Philippines (AP) -- Philippine shares plummeted Friday, with a drop on Wall Street amid lingering concerns over the U.S. economy overshadowing the central bank's decision to further pare interest rates. The Philippine Stock Exchange Index fel
WASHINGTON (AP) -- In a year of record delays, President Bush stepped forward Thursday to try to speed American air travelers to their Thanksgiving gatherings and back home on time. Declaring that "business as usual is not good enough for American tr
NEW YORK (AP) -- Gold prices tumbled Thursday as weaker energy prices and a slight rise in the U.S. dollar prompted investors to pull back from the safe-haven metal and book profits after months of sharp gains. The commodities markets moved broadly l
STAMFORD, Conn. (AP) -- Institutional investors cashed out about $600 million from General Electric Co.'s GE Asset Management fund amid worries about potential losses due to the troubled subprime mortgage markets, a spokesman said Thursday. GE Asset
·Dollar Falls Versus Yen
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
Currencies
