/markets/Currencies/index.shtml Markets in Detail / Currencies zh-cn <a href='http://www.dedecms.com' target='_blank'>Power by DedeCms</a> kkcba@163.com /markets/Currencies/2007093025413.shtml SALZBURG, Austria (Reuters) - Bouts of economic and financial market turbulence over the past 25 years have shown policymakers that transparency is the best protection against contagion from such events, European Central Bank president Jean-Claude T 2007-09-30 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925322.shtml Click Link to Listen to our Evening DailyFX Radio PodCast: Key Points - US Dollar Plummets and Euro Sets Record Heights, - Can Monday's ISM Manufacturing Report - Be sure to view the rest of the week's event risk on the To discuss these or any other 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925310.shtml This week, the DailyFX Dynamic Carry Trade Basket was up by 525 pips and accumulated and additional $164 on interest payments. Even though, U.S. credit markets remain very tight, with Junk bonds spreads above 400, credit conditions have eased since 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925295.shtml The Japanese Yen continued to weaken on evidence that deflation remains a problem. Although retail sales increased in the month of August, the drop in consumer prices, rise in unemployment and deterioration in industrial production will prevent the c 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925283.shtml The British pound continued higher today and came within a whisker of 2.05 despite weaker consumer confidence and news that Northern Rock borrowed another GBP5 billion from the Bank of England. The UK banking sector is still in trouble, but this seem 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925282.shtml Despite the European Central Bank?s reluctance to acknowledge the impact that a 1.43 Euro has on economy, the damage can already be seen. Earlier this week we had softer inflation and weaker confidence reports. Today German retail sales dropped 1.4 p 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925281.shtml Commodity currencies performed extremely well today with the Canadian dollar hitting a 31 year high and the Australian dollar rising to an 18 year high. Oil reversed intraday, but gold prices have run up to a 28 year high of $750 an ounce. The Canadi 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925280.shtml -US Dollar Beaten to a Pulp; Is Euro 1.50 Next? -Euro: Will ECB Trichet Recognize the Pain? -Canadian Dollar Hits 31 Year High, Australian Dollar at 18 Year High US Dollar Beaten to a Pulp; Is Euro 1.50 Next? The US dollar succumbed to heavy selling 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925255.shtml One of the technical indicators we teach in the FX Power Course is the Stochastic Oscillator. Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to th 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925254.shtml We feel that risk/reward and overall momentum favors continued EUR strength, and as such we will look to go long the EURGBP on a hold of recent support. According to recent Commitment of Traders Futures positioning, relatively healthy positioning in 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925196.shtml The U.S. dollar was getting routed Friday in the foreign exchange markets, as every major currency strengthened by at least 0.6% against the greenback. The euro was hitting a record high yet again, surging to $1.4260 from $1.4160 a day earlier. The y 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925135.shtml How Will The Markets React? Conditions in the US manufacturing sector are anticipated to deteriorate for the third month in a row during September, as the Institute for Supply Management index is estimated to fall to 52.5 from 52.9. Over the past fe 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092925073.shtml TRENTON, N.J. (AP) -- Three years after Merck Co. pulled its blockbuster painkiller Vioxx from the market due to increased heart atttack and stroke risk, there's no end in sight for the massive litigation it ignited. Shortly after Vioxx was withdrawn 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092924872.shtml The US dollar hit multi-decadelows on a trade-weighted basis, with the Euro at all-time highs and theCanadian dollar strongly past parity against its US namesake. Traders askedthemselves whether we will see an end to protracted greenback weakness, bu 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092924834.shtml BAODING, China (AP) -- Chinese solar product manufacturer Yingli Green Energy Holding Co. said Friday it invested an added $236.6 million in its joint venture with Baoding Tianwei Baobian Electric Co., raising its stake to 74 percent from 70 percent, 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092924833.shtml This week, we turn to the EURGBP, a pair that we have been bullish on for some time and wrote about in January and March. The EURGBP has broken higher from a long consolidation and is trading at its highest level since January 2005. Will the rally co 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092924811.shtml CHICAGO (AP) -- Business activity in the heavily industrialized Chicago area increased in September to a level indicating continued economic expansion, while inflation moderated considerably. The National Association of Purchasing Management-Chicago 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092924731.shtml Think of sports memorabilia, and those baseball cards from childhood immediately spring to mind. It's simple, nostalgic, a way to hold on to a much simpler time. Then O.J. Simpson got involved. Simpson's arrest almost two weeks ago in an armed holdup 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092924684.shtml NEW YORK (AP) -- Platinum's roughly 60 percent price increase in the last three years is largely due to hedge-fund investment rather than fundamental demand, and new investors will have to keep plunking money down to keep the metal's lofty prices fro 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092924643.shtml CAPE CANAVERAL, Fla. (AP) -- The millionaire son of a retired astronaut is about to follow his father into orbit, after buying a seat on a Russian rocket. Richard Garriott, who made his fortune in computer games, is scheduled to blast off aboard a So 2007-09-29 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824451.shtml NEW YORK (AP) -- Gold rose on Friday to the highest level since 1980 as the U.S. dollar scavenged new lows against the euro and oil prices headed near record territory. Commodities were set to end the third quarter with substantial gains, despite a b 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824249.shtml EURAUD EURCAD EURNZD Commentary - We wrote last week that "potential support is at the 78.6% at 1.5896 and the 100% extension of 1.7450-1.6400/1.6852 at 1.5802. This move down should prove terminal and result in the opportunity to get bullish against 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824248.shtml Commentary: With the appearance of 5 waves higher from .6824, we are expecting a correction back to at least .7468 and possibly .7304. The rally from .6824 is either the end of a correction (wave C) or wave 3 within a 5 wave bull cycle from .6639. Pr 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824247.shtml Commentary: "We have continued to state that we expect a return to 118.00 in order to complete wave C of the A-B-C from 111.59 and that this count remains favored unless price drops under 112.59." This count is now favored as long as price is above 1 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824246.shtml Commentary: 2.0136 was our line in the sand for the bullish count and Cable has rewarded patience, pushing to 2.0326 this morning. Risk of a reversal outweighs the reward of gain in the near term as the pair trades at the upper end of its range. Also 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824245.shtml Commentary: We wrote yesterday that "an ending diagonal may be unfolding in wave 5 from 1.4040. This remains a possibility as long as price is above 1.4061. One more high may complete the larger advance near 1.4200. The upper diagonal line is close t 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824244.shtml Commentary: We wrote yesterday that "it is possible to count a 5 up from 1.1637 that may be complete at 1.1720. This is either wave A of a correction that has more room to the upside or wave 1 of a new bull cycle. Either way, near term support is at 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824243.shtml Commentary: We have favored a larger correction to 1.0173 (former 4th wave) to unfold as wave iv of 3 before a drop to a new low in order to complete wave 3 and give way to a larger correction. Given the corrective nature of the advance from .9936, i 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824242.shtml Commentary: The AUDUSD is completing larger wave 3 in the 5 wave bull cycle from .7673. We are expecting a correction could test .8610 before a rally to a new high in larger wave 5 (above .8870). The path is towards higher prices until the 5 wave adv 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092824241.shtml -Euro Reversal? -Japanese Yen Remains in Sleep Mode -British Pound Strong as a Bull -Swiss Franc Following Euro -Canadian Dollar Working Higher (USDCAD Lower) in a 5th Wave? -Australian Dollar Large Wave 3 Complete? -New Zealand Dollar Stalls at 61.8 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823978.shtml BERLIN (AP) -- The dollar sank to another all-time low against the euro on Friday amid expectations that the U.S. Federal Reserve may soon cut interest rates again. The 13-nation euro bought $1.4197 in afternoon European trading -- passing its previo 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823977.shtml Talking Points -Japanese Yen: Strong rebound in spending, production -Euro: German retail sales another weight on growth -Pound: Northern Rock felt in consumer confidence survey -USD: Looking ahead to spending and Fed chatter The economic calendar w 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823897.shtml LONDON (AP) -- Shares in Tate Lyle PLC plummeted 31 percent Friday after the sugar and sweeteners company issued a downbeat forecast for first-half earnings. Tate Lyle said it expected a small loss in on sugar trading, compared with a profit of 15 mi 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823853.shtml Fundamental Headlines - NZDUSD - Growth over the second quarter measures 0.7 percent, boosting the annual pace of expansion to a two-and-a-half year high 3.2 percent. Strong domestic demand and housing investment will likely defer any rate cuts. - U 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823738.shtml LONDON (Reuters) - Stock index futures fell on Friday, pointing to a weaker open on Wall Street as markets eyed economic data for signs of inflation and indications of the Federal Reserve's next move in interest rates. Friday features U.S. personal 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823624.shtml TOKYO (AP) -- The main index on Tokyo's stock market slipped 0.3 percent Friday on profit-taking in securities, real estate and insurance company issues following three days of gains. The Nikkei 225 closed at 16,785.69 points Friday, down 46.53 point 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823623.shtml LONDON (Reuters) - Shares in British reinsurance broker Benfield (LSE: - ) jumped almost 13 percent on Friday after a report it had received a 700 million pound ($1.4 billion) bid approach from the private equity arm of Goldman Sachs (NYSE: - ). The 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823622.shtml SEOUL (Reuters) - South Korea's Daewoo International Corp (047050.KS), which leads a multi-billion dollar energy project in Myanmar, will not alter its investments there following a violent government crackdown on protests, the company said on Frida 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823621.shtml With the Euro closing in on 1.42, ECB President Trichet has finally buckled down and talked about the currency?s recent moves. Unfortunately he didn?t deliver much when he tempered his comment about excess volatility with the reminder that their base 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823620.shtml The Japanese Yen continued to weaken against every major currency except for the Swissie despite stronger Japanese economic data. Small business confidence increased from 47.4 to 49.1 and BoJ member Suda also attempted to calm the markets by saying t 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823619.shtml The British pound broke higher today on the back of stronger UK economic data. House prices increased 0.7 percent in the month of September, bringing the annualized pace of growth up to 9 percent. The July index of services also increased by 1.0 perc 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823618.shtml The Australian and New Zealand dollars continued to perform extraordinarily well. The Aussie has rallied for the eighth consecutive trading day and is within a whisker of its .8873 July high. The New Zealand dollar has also finally broken out despite 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823617.shtml -Death of Housing Market Leads to Further Dollar Weakness -Euro closing in on 1.42 -Australian and New Zealand Dollars Race Higher Death of Housing Market Leads to Further Dollar Weakness The housing market is in big trouble. Not only did sales of n 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823616.shtml WASHINGTON (AP) -- Blackwater USA triggered a major battle in the Iraq war in 2004 by sending an unprepared team of guards into an insurgent stronghold, a move that led to their horrific deaths and a violent response by U.S. forces, says a congressio 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823615.shtml How Will The Markets React? US economic data is likely to send mixed signals once again on Friday, leaving the equity markets to continue their trek higher while allowing the greenback to drift even lower. First, personal spending is estimated to ha 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823614.shtml NEW YORK (AP) -- Wheat, corn and soybean prices surged Thursday after the Agriculture Department said U.S. exports are well ahead of the average pace for this time of year -- a reflection of strong worldwide demand and tight supplies. Elsewhere, ener 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823613.shtml COLUMBIA, S.C. (AP) -- The BMW Manufacturing Co. plant in Spartanburg will boost production over the next five years from its current 140,000 vehicles to 240,000 vehicles annually, officials announced Thursday. The firm had said in May that it intend 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823612.shtml BERLIN (AP) -- Automaker BMW AG said Thursday that it hopes to cut costs by about $8.5 billion by 2012 under a new efficiency drive, and said it would increase production capacity in the U.S. to address risks posed by the weak dollar. The Munich-base 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823611.shtml NEW YORK (AP) -- It has been a wild month in the wheat market amid a stampede of foreign buying and speculative investment, forcing the Chicago Board of Trade to play stop-and-go with traders to curb volatility. Financial markets thrive on the volati 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823610.shtml PARIS (AP) -- Critics who praise the "complexity" of red Burgundy and Champagne are on target. A team of French and Italian researchers has mapped the genome of the pinot noir grape, used to make bubbly and many red wines from France's Burgundy regio 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823609.shtml The US dollar softened again today, as gains in the Euro and Canadian dollar pushed the greenback to fresh 15-year lows on a trade-weighted basis amidst weak US economic data. The Euro stretched to a fresh record high of $1.4191 this morning, but a s 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823608.shtml Over the past month, the value of the US dollar has fallen significantly with the once mighty greenback dropping to a record low against the Euro and a 31 year low against the Canadian dollar. For currency traders, the dollar?s weakness has provided 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823607.shtml LONDON (AP) -- The U.S. dollar fell to a record low against the euro for the sixth straight trading day and was mixed against other key currencies in European trading Thursday. Gold rose. The euro traded at $1.4146, up from $1.4136 late Wednesday in 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823606.shtml PARIS (AP) -- European planemaker Airbus plans to sell its Augsburg site in Germany in addition to six manufacturing sites being offloaded as part of a cost-cutting program, EADS CEO Louis Gallois said Thursday. Augsburg, which has 2,000 permanent an 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823605.shtml According to out proprietary customer flow database which measures the positioning of more than 20.000 traders, the ratio of long to short positions in the EURUSD stands at -2.75 as nearly 73% of traders are short. In detail, long positions are 11.4 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823604.shtml Trading the News: Canadian Gross Domestic Product What is Expected Time of release: 09/28/2007 12:30 GMT, 08:30 EST Primary Pair Impact : USDCAD Expected: 0.3% Previous: 0.2% How To Trade This Event Risk Though the monthly Canadian GDP releases have 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823603.shtml GBPJPY GBPCHF GBPAUD Commentary - We wrote last week that "the pattern is clear now and it appears that a triangle is complete as wave B within the A-B-C correction from 219.30. Bolstering the bullish bias is the appearance of waves i and ii within w 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823602.shtml SPARKS, Md. (AP) -- McCormick Co. Inc. on Thursday said third-quarter profit rose as a weak dollar aided international sales. The spice maker also backed its earnings guidance for the rest of the year. For the three months ended Aug. 31, McCormick's 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823601.shtml Commentary: With the appearance of 5 waves higher from .6824, at least a correction is due. The rally from .6824 is either the end of a correction (wave C) or wave 3 within a 5 wave bull cycle from .6639. Near term support is at .7304. The pair is ap 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823600.shtml Commentary: "We have continued to state that we expect a return to 118.00 in order to complete wave C of the A-B-C from 111.59 and that this count remains favored unless price drops under 112.59." This count is now favored as long as price is above 1 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823599.shtml Commentary: We wrote yesterday that "a bullish bias is warranted against 2.0084, targeting a rally through 2.0366." Risk can be moved to 2.0136 now as Cable is in a small third wave higher towards 2.0366. 2.0204 is near term support. A drop below 2.0 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823598.shtml Commentary: We wrote yesterday that "an ending diagonal may be unfolding in wave 5 from 1.4040. This remains a possibility as long as price is above 1.4061. One more high may complete the larger advance near 1.4200." The upper diagonal line is close 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823597.shtml Commentary: We wrote yesterday that "after dropping to 1.1637, the USDCHF has rallied in an impulsive fashion (5 waves), so favor the upside at least in the near term for a rally to 1.1771." It is possible to count a 5 up from 1.1637 that may be comp 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823596.shtml Commentary: We have favored a larger correction to 1.0173 (former 4th wave) to unfold as wave iv of 3 before a drop to a new low in order to complete wave 3 and give way to a larger correction. Given the corrective nature of the advance from .9936, i 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823595.shtml Commentary: The AUDUSD continues to push higher and is likely in a 5th wave within a 5 wave bull cycle from .8171. The completion of wave v from .8610 would most likely complete a larger 3rd wave as well and give way to a correction that could test . 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823594.shtml -Euro May Test 1.4200 Before a Reversal -Japanese Yen from 115.73 is a Correction -British Pound Bullish Against 2.0136 -Swiss Franc May Have Reversed for Good -Canadian Dollar, Don?t Chase It -Australian Dollar Approaching Short Term Top -New Zealan 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823593.shtml Fundamental Headlines - NZDUSD - A 5.8 percent rebound in building permits suggests that the housing market will continue to be a point of contention in policy making and could help keep the overnight lending rate at its highs. - NZDUSD - The island 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823592.shtml Cable was the star of the night in the currency markets, as better than expected data from Nationwide Housing survey generated a 100 point rally in the unit. Talking Points - Japanese Yen: Trust demand buoys USDJPY for 2 nd day in a row - Euro: Stro 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823591.shtml BANGKOK, Thailand (AP) -- Asian markets rallied Thursday, helped by gains overnight on Wall Street, as Japanese shares rose to a six-week high and the markets in Hong Kong hitting a new record. In Tokyo, recent yen weakness and gains in financial sha 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823590.shtml MANILA, Philippines (AP) -- Philippine shares surged to a two-month high Thursday as investors snapped up stocks with strong third-quarter earnings prospects. The 30-company Philippine Stock Exchange rose 101.76 points, or 2.9 percent, to 3,577.51, t 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823589.shtml SHANGHAI, China (AP) -- Chinese stocks rose Thursday as investors snapped up stocks after recent losses in banking and coal mining heavyweights. The benchmark Shanghai Composite Index gained 1.3 percent, or 70.88 points, to 5,409.40, recovering some 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823588.shtml TOKYO (AP) -- Japanese stocks jumped to six-week high Thursday, with financial shares leading the way following Wall Street's overnight rally. A decline in the yen also helped exporters. The Nikkei Stock Average of 225 issues rose 396.48 points, or 2 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823587.shtml BERLIN (AP) -- The euro rose to an all-time high of US$1.4166 on Thursday, its sixth record in as many trading days against the sagging dollar. The euro rose from its level of US$1.4136 in New York late the previous day and broke through its previous 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823586.shtml TOKYO (AP) -- The dollar inched up against the yen in Asia Thursday, as buying and selling by Japanese exporters and importers to settle accounts for the first half of the business year largely canceled each other out. The U.S. dollar was trading at 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823585.shtml SEATTLE (Reuters) - Seeking to narrow the gap with Google, Microsoft Corp unveiled a retooled Web search service that aims to deliver more relevant results and combines text, video and other information onto a single page. Microsoft, the world's lar 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823584.shtml GREENWICH, Connecticut (Reuters) - The U.S. Securities and Exchange Commission is conducting more than 30 investigations into potential hedge fund manager misconduct in the northeast United States alone, with more in other parts of the country, offi 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092823583.shtml NEW YORK (AP) -- Treasury prices closed higher Wednesday, bolstered by surprisingly strong investor demand in a government sale of $18 billion in new 2-year Treasurys. The Treasury auction attracted solid demand from foreign bidders, easing concerns 2007-09-28 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022349.shtml NEW YORK (AP) -- Treasurys closed sharply lower Wednesday as Wall Street stretched its interest rate-inspired rally to a second session. The Federal Reserve's decision Tuesday to slash both the federal funds rate and the discount rate by a half perce 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022293.shtml LONDON (AP) -- The dollar plumbed new depths against the euro Thursday morning and fell against other major currencies in European trading. The dollar sagged following the U.S. Federal Reserve's decision on Wednesday to lower its key interest rate by 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022277.shtml SYDNEY, Australia (AP) -- Australian firms Publishing Broadcasting Ltd. and Macquarie Bank Ltd. extended their 1.365 billion Canadian dollar (US$1.35 billion; euro961 million) takeover offer for Canada's Gateway Casinos business Thursday for a third 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022216.shtml EURUSD - The ratio of long to short positions in the EURUSD stands at -3.09 as nearly 76% of traders are short. Yesterday, the ratio was at -2.65 as 73% of open positions were short. In detail, long positions are 11.6% lower than yesterday and 21.1% 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022213.shtml Swiss ZEW Survey (Expectations) (SEP) Actual:-26.7 Expected:-10.0 Previous: -5.1 The drop in Swiss investor confidence this month was far sharper than economists had expected. The official consensus was targeting a drop to -10.0. Any reading below 0 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022192.shtml UK Retail Sales (AUG) (MoM) (YoY) Actual: 0.6% 4.9% Expected: 0.0% 4.0% Previous:0.7% 4.4% Consumer spending in Europe's second largest economy was unexpectedly strong over the month of August. Against economists' expectations for retail sales to pa 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022184.shtml TOKYO (AP) -- The dollar fell versus the yen in Asia Thursday as Japanese exporters sold the greenback in thin trade and other players awaited the Federal Reserve chairman's testimony to the U.S. Congress on mortgage market issues. The U.S. dollar wa 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022183.shtml NEW DELHI (AP) -- The Indian rupee rose to a nine-year high against the U.S. dollar Thursday amid strong demand from foreign funds investing in one of the world's fastest growing economies. The rupee rose to 39.92 per dollar in intraday trading, brea 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022161.shtml TOKYO (AP) -- Japanese stocks finished mixed Thursday, as gains in steel and trading house shares played off against a drop in consumer credit stocks following reports that a major domestic player may be restructuring. The benchmark Nikkei 225 index 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022158.shtml FRANKFURT, Germany (AP) -- The euro soared to its highest level ever against the U.S. dollar on Thursday, trading above US$1.40 for the first time since the currency was introduced in 1999. The 13-nation euro bought as much as US$1.4064 in morning tr 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022113.shtml FRANKFURT, Germany (AP) -- The euro hit a new all-time high against the U.S. dollar on Thursday, trading above $1.40 for the first time since the common European currency was introduced. The 13-nation euro bought $1.4023 in early European trading, up 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022098.shtml Swiss Trade Balance (Swiss francs) (AUG) Actual: 0.64B Expected:0.93B Previous: 1.51B The long-standing Swiss trade surplus was trimmed down for a second month through August as a strong franc cut into demand for exports. Last month, the nation's po 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092022045.shtml BEIJING/WASHINGTON (Reuters) - A more flexible yuan would not hold back China's growth or cause deflation but would help Beijing rebalance its economy towards domestic consumption, a top U.S. Treasury official said on Thursday. David McCormick, the 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021884.shtml TALLAHASSEE, Fla. (AP) -- Florida's public employee retirement fund will divest nearly $1.3 billion invested with 21 companies doing business in Iran or Sudan, an action state officials hope will be imitated across the nation. The State Board of Admi 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021883.shtml BOSTON (AP) -- A maker of high-efficiency batteries that General Motors Corp. hopes to use to power hybrid cars has reached a battery supply deal with the world's largest maker of general aviation airplanes. A123 Systems said Wednesday it will provid 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021882.shtml Click Link to Listen to our Evening DailyFX Radio PodCast: Key Points - US Dollar - UK retail sales data - Be sure to view the rest of the week's event risk on the To discuss these or any other FX topics with the DailyFX analysts, check out the Want 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021881.shtml Now who doesn't believe in Santa Claus? Even though its early September, it certain feels like Christmas and good ol' Ben has become Santa Claus, climbed down the chimney, and given all us boys and girls a nice 50bp cut for Xmas. To express our feeli 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021880.shtml Growing evidence that the Bank of England may eventually need to ease monetary policy has pushed the British pound lower against both the Euro and the US dollar. In fact the pound has been driven to the weakest level against the Euro since May 2006. 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021879.shtml The Euro is trading at a very important contention point against the US dollar. It is struggling to make a new all-time high which suggests that there are a lot of option barriers at 1.40. This means there are just as many traders preventing a break 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021878.shtml The Dow rallied another 80 points today but Japanese Yen crosses failed to track US equities higher. This price action indicates that traders are cautious and do not want to get overly optimistic. Over the past few months, they have been burned by th 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021877.shtml How Will The Markets React? On Thursday, UK consumption data is scheduled to be released, and the results may not be pretty. Retail sales during the month of August are expected to have fallen flat, bringing the annualized rate down to 4.0 percent. 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021876.shtml 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021875.shtml Among the sector activity stories for Wednesday, Sept. 19, from AP Financial News: NEW YORK (AP) -- Shares of precious metals producers climbed Wednesday, as prospects for a weakening dollar and possible inflation drove up the price of both gold and 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021874.shtml The US dollar continued on itslosing ways, matching fresh record lows against the Euro and plumbing newdepths against its Canadian counterpart. Fresh consumer price inflation dataonly worsened outlook for the downtrodden greenback, with a softer-than 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021873.shtml NEW YORK (AP) -- British Airways plans to reveal the winner of its much-anticipated long-haul aircraft contract in two weeks, a senior executive in charge of fleet planning said Wednesday. In an interview with the Associated Press, British Airways Co 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021872.shtml The greenback was edging higher against the euro Wednesday, a day after its downward break to an all-time low in the wake of the Federal Reserve's rate cut. Euros were changing hands for $1.3962, down from $1.397 late Tuesday. Dollars fell to 115.75 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021871.shtml 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021870.shtml EURUSD - The ratio of long to short positions in the EURUSD stands at -2.43 as nearly 71% of traders are short. Yesterday, the ratio was at -3.26 as 77% of open positions were short. In detail, long positions are 30.8% higher than yesterday and 10.0 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021869.shtml AUDCAD AUDJPY AUDNZD Commentary - The AUDCAD correction from .9515 looks complete as does the smaller correction from .8751. The weekly chart analysis from a few weeks ago touches on this and can be found at AUDCAD. Near term, a bullish bias is warra 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021868.shtml The most effective way to capitalize on currencies pairs that are trapped in tight ranges is through the use of hedging. Entry Zone: Go both long and short at the market if the price is at any level within the 1.6350-1.6600 range Protective Stop: Lo 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021867.shtml FOX BUSINESS NETWORK OCTOBER 15TH For weeks, we have watched as the markets buckled under pressure of the hedge fund/housing/mortgage problems. We saw the Fed first lower the discount rate. We saw the Fed send in hundreds of billions into the system. 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021866.shtml Trading the News: New Zealand Current Account Balance What is Expected Time of release: 09/19/2007 22:45 GMT, 18:45 EST Primary Pair Impact : NZDUSD Expected: -NZ$3.286B Previous:-NZ$2.217B How To Trade This Event Risk Though the carry trade, risk t 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021865.shtml BRUSSELS, Belgium (AP) -- Europe's proposed multibillion-dollar Galileo satellite navigation project could be salvaged with the help of unspent EU funds and without additional taxpayer money, the European Commission said Wednesday. The EU executive s 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021864.shtml A 5th wave isunderway from 1.3828 and it appears that one more high (above 1.3988) is required before a more significant top is in place. The15 minute chart shows the strucutre of wave 5 from 1.3828 and suggests that it is close to complete. A rally 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021863.shtml Cable barreled through the 2.0010/2.0027 resistance to trade above 2.0150 yesterday afternoon before rolling over at 2.0172. Still, there is no overlap with waves 1 and 4 so the rally from 1.9879 can be counted as a 4th wave. A drop below 1.9879 wou 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021862.shtml The Kiwi structure is unfolding as expected. The rally accelerated yesterdayand the pair has exceeded the wave a high (within an a-b-c correction) of .7272. Bullish objectives are the 100% ext. of .6639-.7272/.6824 at .7456 and the 61.8% of .8108-.6 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021861.shtml Commentary: The Kiwi structure is unfolding as expected. We wrote yesterday that a correction is likely complete at .7005 and we expect the rally to accelerate in the next few hours in a 3rd wave. The rally accelerated and the pair has exceeded the w 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021860.shtml Commentary: The USDJPY continues to play out as expected. We wrote yesterday that a USDJPY rally should accelerate soon and the scenario that we described last week should play out. That scenario describes a flat ending at 112.59 as wave b of 2 in an 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021859.shtml Commentary: We wrote yesterday that the count that we favor treats the rally from 1.9879 as wave 4 in a 5 wave bear cycle from 2.0366. Resistance is at 2.0010/27 (38.2% of 2.0025-1.9878 and former 4th wave). Cable barreled through the 2.0010/2.0027 r 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021858.shtml Commentary: We wrote yesterday that considering that the 23.6% of wave 3 (1.3551-1.3928) is at 1.3839, it is possible that the correction is complete at 1.3828. For this reason, a bullish bias is warranted against 1.3719 (top of wave 1) for a test of 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021857.shtml Commentary: We were not confident in the bear side yesterday but did write that as long as price is below 1.1922, a cautious bearish bias is warranted against 1.1922, targeting a drop under 1.1801. The USDCHF is testing the 1.1800 figure yet again th 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021856.shtml Commentary: Near term, the USDCAD may have started tracing out a 4th wave correction from 1.0081. A potential terminus for wave 4 is the 23.6% of 1.0592-1.0081 at 1.0202. This means that lower prices lie ahead but not before additional consolidation. 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021855.shtml Commentary: We wrote yesterday that a bearish stance is warranted against .8459 but the Kiwi structure looks very bullish, so be careful with the Aussie. The bearish bias was proved wrong as the Aussie traded through .8459 to .8550 this morning. Near 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021854.shtml -Euro to 1.4000 but Upside Potential is Limited -Japanese Yen Breaks from Consolidation -British Pound Bearish Cycle Underway -Swiss Franc Same as Euro (Inverse) -Canadian Dollar to Parity? -Australian Dollar 5 Wave Advance -New Zealand Dollar Breaks 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021853.shtml HONG KONG (AP) -- Hong Kong shares surged to a record close Wednesday, boosted by the U.S. Federal Reserve's larger-than-expected rate cut. Property firms led the way as several local banks also cut their interest rates. Analysts said they expect fur 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007092021852.shtml Canadian Consumer Price Index (AUG) (MoM)(YoY) (Core YoY) Actual: -0.3% 1.7% 2.2% Expected: 0.1% 2.1% 2.3% Previous: 0.1% 2.2% 2.3% Front line inflation pressures unexpectedly cooled in Canada over August, suggesting the Bank of Canada will be able 2007-09-20 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921266.shtml LONDON (AP) -- The U.S. dollar was mostly higher against other major currencies in European trading Wednesday. Gold was mixed. The euro traded at $1.3959, down from $1.3972 late Tuesday in New York. Other dollar rates: --115.92 Japanese yen, up from 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921219.shtml Talking Points -Japanese Yen: BOJ votes 8-1 to keep rates steady -Euro: German Producer prices in line -Pound: Weakens as MPC minutes reveal 9-0 vote -Dollar: CPI on tap Pound dropped more than 100 points from its Asian session peak of 2.0174 after 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921210.shtml EURUSD - The ratio of long to short positions in the EURUSD stands at -2.84 as nearly 74% of traders are short. Yesterday, the ratio was at -3.26 as 77% of open positions were short. In detail, long positions are 15.5% higher than yesterday and 2.9% 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921169.shtml FRANKFURT, Germany (AP) -- The euro continued to soar against the U.S. dollar on Wednesday, reaching its all-time high in the aftermath of a half-percent rate cut by the U.S. central bank. The euro rose as high $1.3987, a new high, in morning Europea 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921168.shtml Swiss Adjusted Real Retail Sales (YoY) (JUL) Actual:3.3% Expected: 5.3% Previous: 1.0% The usually volatile retail sales series for Switzerland reported yet another month of positive growth. In the year through July, the total value of reciepts in t 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921157.shtml TOKYO (AP) -- The dollar rose against the yen Wednesday in Asia after dipping early in the session as the U.S. Federal Reserve's sharp interest rate cut overnight stoked concerns the U.S. economy's outlook may be gloomier than expected. The U.S. doll 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921139.shtml HONG KONG (AP) -- The Hong Kong Monetary Authority cut its benchmark base interest rate half a percentage point to 6.25 percent Wednesday after the U.S. Federal Reserve cuts its key interest rate by the same amount. Hong Kong's currency is pegged to 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921138.shtml German Producer Prices (AUG) (MoM) (YoY) Actual: 0.1% 1.0% Expected: 0.1% 1.0% Previous: -0.1% 1.1% Upstream inflation pressures in Europe's largest economy continued to soften last month. Though prices at the factory gate grew 0.1 percent over the 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921128.shtml Japanese Nationwide Department Sales (YoY) (AUG) Actual: 1.4% Expected: n/a Previous: -4.3% Japanese Tokyo Department Sales (YoY) (AUG) Actual: 4.5% Expected: n/a Previous: -3.9% The first of the Japanese sales reports that precede the closely watch 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091921122.shtml TOKYO (AP) -- Japanese stocks jumped Wednesday in the wake of Wall Street's overnight surge spurred by the U.S. Federal Reserve's bigger-than-expected interest rate cut. The benchmark Nikkei 225 stock index soared 553.03 points, or 3.50 percent, to 1 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920971.shtml Click Link to Listen to our Evening DailyFX Radio PodCast: Key Points - US Dollar - Can the Canadian Dollar - Be sure to view the rest of the week's event risk on the To discuss these or any other FX topics with the DailyFX analysts, check out the W 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920955.shtml WASHINGTON (AP) -- The Bush administration's proposed multibillion-dollar weapons sale to Saudi Arabia brought new allegations on Capitol Hill Tuesday that the monarchy has been lax in countering terrorism. The kind of weapons that the Saudis would p 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920928.shtml The USDCHF has seen a significant tumble through short term trade, as an unexpected Fed 50bp rate cut leaves the dollar significantly weaker across the board. Yet renewed bullishness in equity markets may nonetheless keep the CHF on offer through sho 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920885.shtml The Euro hit a record high of 1.3985 after the Federal Reserves monetary policy decision. Even though there are a lot of option barriers at 1.40, a test of that level seems inevitable. The monetary policies of the European Central Bank and US Federal 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920884.shtml How Will The Markets React? Inflation pressures in Canada are anticipated to have eased somewhat during the month of August, as headline CPI is expected to fallen to an annualized rate of 2.1 percent from 2.2 percent. Furthermore, the Bank of Canada 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920867.shtml Over the past few months, we have seen a very strong correlation between US equities and carry trades. Today, that correlation was in full force as carry trades broke higher on the back of the 335 point rally in the Dow. Not only did US equities rise 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920835.shtml The Canadian, Australian and New Zealand dollars all performed extremely well today on the back of rising commodity prices and resurgence in demand for high yielding currencies. The Feds move today has restored confidence in the financial markets and 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920834.shtml -Bernanke Put Drives US Dollar to Record Lows -Euro Hits Record Highs: Is 1.40 Next? -Carry Trades Break Higher As Dow Rallies 335 Points Bernanke Put Drives US Dollar to Record Lows The Greenspan put has now become the Bernanke put. This term was c 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920595.shtml On Tuesday morning, traders had been ramping up speculation of a 25bp cut to the federal funds rate. However, the FOMC caught investors off guard when they went through with not only a 50bp cut to the federal funds rate, but also a 50bp cut to the di 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920443.shtml The US dollar set fresh recordlows against the euro, as a surprise 50 basis point interest rate cut by theFederal Reserve crushed the greenback while sending the Dow significantlyhigher in its wake. The Federal Open Market Committee voted unanimously 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920311.shtml WASHINGTON (AP) -- Although natural gas trades on two major commodity exchanges -- one regulated, one not -- influence prices on the other, the heads of these exchanges disagreed Tuesday on the need for additional federal oversight. The Commodity Fut 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091920310.shtml The Federal Reserve delivers a double whammy. For the first time in over a year, the Fed cut the Federal Funds rate by 50bpto 5.00 percent while at the same time reducing the discount rate by 50bp to 5.25 percent. This follows an earlier discount ra 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091919897.shtml EURUSD - The ratio of long to short positions in the EURUSD stands at -2.28 as nearly 70% of traders are short. Yesterday, the ratio was at -2.26 as 69% of open positions were short. In detail, long positions are 4.3% lower than yesterday and 21.6% 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091919896.shtml 2007-09-19 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819713.shtml CADJPY CHFJPY NZDJPY Commentary - Last week, we wrote that, the most likely next move is wave C to above 111.30 for a test of 112.54 (61.8% of 118.20-103.38). Potential reversal points above 112.54 are the 100% extension of 103.38-111.30/106.50 at 11 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819712.shtml NEW YORK (AP) -- Commodities including oil, gold and wheat edged lower in cautious trading Tuesday as investors refrained from big moves before the Federal Reserve issues its decision on interest rates. The central bank is scheduled to release its de 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819711.shtml Last Price: 1.0298 Posted On: Sep 17th 2007 03:42:00 EST | 08:42:00 GMT 65% Probable: Attempting to bottom for a few days; CRITICAL 1.0240-65 1.0330 / 1.0368-77 BOTTOM LINE :::: A near-term low appears in place. Our discussion last week was centered 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819360.shtml We have been looking for the completion of the wave 4 correction to from 1.3928 before wave 5 results in an assault on 1.4000 and beyond. Considering that the 23.6% of wave 3 (1.3551-1.3928) is at 1.3839, it is possible that the correction is comple 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819359.shtml Demand for US assets remained high through the month of July, while netofficial purchases registered at their highest in more than threemonths. Such a result is especially significant given overall fears onthe US subprime lending crisis, with the be 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819358.shtml A USDJPY rally should accelerate soon and the scenario that we described last week should play out. The 5 wave rally from 112.59 shifts focus to the upside. The count that we are presenting today is one that we have been following for quite some tim 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819357.shtml Cable plummeted to 1.9879 last night before finding some support. The count that we favor treats the rally from 1.9879 as wave 4 in a 5 wave bear cycle from 2.0366. Resistance is at 2.0010/27 (38.2% of 2.0025-1.9878 and former 4th wave). 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819356.shtml That is, the rally from .6824 is impulsive (5 waves), indicating additional upside potential.The correction from .7185is likely complete at .7005 and we expect the rally to accelerate in the nextday in a 3rd wave. Bullish objectives are above .7272. 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819355.shtml Trading the News: Bank of Japan Rate Decision What is Expected Time of release: 09/19/2007 n/a GMT, n/a EST Primary Pair Impact : USDJPY Expected: 0.50% Previous: 0.50% How To Trade This Event Risk Though the Bank of Japan has not altered the target 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819354.shtml Commentary: A USDJPY rally should accelerate soon and the scenario that we described last week should play out. From the last week; The 5 wave rally from 112.59 shifts focus to the upside. The count that we are presenting today is one that we have be 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819353.shtml Commentary: On Friday, we wrote that the structure looks bearish as the GBPUSD could be entering a 3rd of a 3rd wave down. If this is the case, then well see much lower levels relatively soon (a break of 2.0043). This very aggressive bearish count is 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819352.shtml Commentary: We have been looking for the completion of the wave 4 correction to from 1.3928 before wave 5 results in an assault on 1.4000 and beyond. Considering that the 23.6% of wave 3 (1.3551-1.3928) is at 1.3839, it is possible that the correctio 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819351.shtml Commentary: It is unclear whether a top is in place at 1.1922. The rally from 1.1801 is in 3 waves (corrective) and indicates that the larger trend remains down. However, that rally may be just the first leg of a more complex correction. As long as p 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819350.shtml NEW YORK (AP) -- Shares of Best Buy Co. Inc. gained in premarket trading Monday after the nation's largest consumer electronics retailer reported a strong second-quarter and raised its profit forecast for the year. Profit rose 8.7 percent for the qua 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819349.shtml Commentary: We wrote on Friday that with no evidence of a bottom, we must remain bearish. However, at this point we urge caution with regards to pressing the short side. The nearly 3 year support line (will be 3 years in November) is being tested on 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819348.shtml Commentary: After testing .8450, the AUDUSD decline from .8459 to .8274 looks impulsive (5 waves) and the rally corrective (3 waves). This alone indicates that we should favor the downside. Supporting the bear argument is the fact that the rally from 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819347.shtml -Euro Wave 4 Correction Possibly Complete -Japanese Yen Breaking Towards 118.00 -British Pound Possibly Plummets Below 2.0000 -Swiss Franc 3 Wave Movement Favors USDCHF Downside -Canadian Dollar Chops Higher (USDCAD Lower) -Australian Dollar Reverses 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819346.shtml New Motor Vehicle sales fell significantly through the month of July,printing its worst performance since the January to February tumble.The tumble actually came on fast-falling overseas demand, which fell3.4 percent following seven months of consec 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091819015.shtml LAKEWOOD, N.Y. (AP) -- Cummins Inc., a maker of engines and fuel systems, on Tuesday reiterated its full-year financial targets, saying demand from foreign markets remains strong. Cummins still expects to earn between $7.15 per share and $7.65 per sh 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818913.shtml FRANKFURT, Germany (AP) -- The dollar edged up slightly against the euro on Tuesday as markets looked to a meeting of the U.S. Federal Reserve Bank, which appeared poised to lower interest rates for the first time since 2003. The 13-nation currency b 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818869.shtml Swiss Industrial Production (2Q) (QoQ) (YoY) Actual: 6.7% 9.8% Expected:5.2% 8.3% Previous: -4.7% 7.2% (R-) Factory activity in the Swiss economy accelerated to a faster clip of year-over-year growth than economists had forecasted. The Federal Stati 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818847.shtml TOKYO (AP) -- The dollar fell versus the yen Tuesday in Asia, as Japanese exporters sold the greenback and many players stood on the sidelines ahead of the U.S. Federal Reserve's decision on interest rates later in the day. The U.S. dollar was tradin 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818796.shtml DETROIT (AP) -- Contract talks between the United Auto Workers and General Motors Corp. were to resume Tuesday, slowed so much by the complexity of retiree health care and other issues that a deal could be days away. Both sides reported progress, but 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818685.shtml The Canadian dollar has been on a tear. In the past six months, the currency has made new 30 year highs after appreciating over 12 percent against the US dollar, putting parity within reach. At the beginning of the year, an exchange rate of 1.0 for U 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818657.shtml The Euro is hovering not far from its record highs as it waits for direction from the US Federal Reserve. The German ZEW survey is due out tomorrow and we expect a sharp drop in business confidence as the problems in the credit markets drive borrowin 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818630.shtml The EURCAD has shown hesitation in crossing below previous spike-lows, with recent positioning data supportive of EUR strength and a CAD pullback. As such, we look to play the medium term range on the pair, with a stop loss to allow for significant i 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818614.shtml Northern Rocks financial troubles continue to plague the British pound. Despite the UK Chancellors announcement that the government will guarantee all deposits of Northern Rock account holders, the British pound has fallen for the fourth consecutive 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818613.shtml Carry trades have come under pressure ahead of the FOMC rate decision. This has nothing to do with Japanese data since none was released overnight. The Bank of Japan will be announcing their interest rate decision this evening, but we do not expect a 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818612.shtml The Canadian dollar hit a new 30 year high today on the back of stronger economic data and record oil prices. Foreign purchases of Canadian securities were expected to drop 4.5 billion in the month of July, but instead, it rose for the first time in 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818587.shtml NEW YORK (AP) -- Shares of precious metals producers ended mixed in light trading Monday. The broader market closed moderately lower declined in a light trading day as investors awaited the Federal Reserve's decision on interest rates Tuesday. The ma 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818586.shtml -How Will the Currency Market React to the Fed Rate Decision? -British Pound Continues to Weaken Despite Guarantee of Deposits -Canadian Dollar Hits New 30 Year High How Will the Currency Market React to the Fed Rate Decision? Tomorrows Federal Rese 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818585.shtml How Will The Markets React? Tuesday, September 18th is the day that forex, bond, and equity traders have been waiting for since mid-August, as the Federal Open Market Committee will meet and announce their interest rate decision at 14:15 EST. At thi 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818436.shtml WASHINGTON (AP) -- Larry Klayman, once a hero of conservatives for persistently taking Bill Clinton to court, sued former aides and financial backers of President Bush on Monday for using the name "Freedom's Watch" to mount a multimillion dollar camp 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818435.shtml LOS ANGELES (AP) -- Bookings at The Walt Disney Co.'s domestic theme parks are not reflecting a broader economic downturn, the company's chief financial officer said Monday. Travel bookings in the current quarter are up compared with the same period 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818181.shtml The US dollar slowly regainedground against major trading counterparts, as a quiet day of range trading set thestage for tomorrows critical Federal Reserve interest rate announcement.Markets seemed unwilling to force major moves ahead of the highly a 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818156.shtml WASHINGTON (AP) -- The Bush administration is hoping that a renewed focus on making America more competitive will help get its stalled trade agenda moving forward in Congress. The administration was holding a daylong conference on Tuesday featuring s 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091818046.shtml NEW ORLEANS (AP) -- State Farm Insurance Cos. has settled with 103 policyholders in Mississippi who challenged the company's refusal to cover damage to their homes from Hurricane Katrina, a lawyer for the homeowners said Monday. Terms of the settleme 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817747.shtml BEIJING (AP) -- China has sharply increased inspections of imported U.S. food, escalating a dispute with Washington over product safety and leaving American beef piling up in warehouses and delaying shipments of black pepper and other goods. Authorit 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817746.shtml EURUSD - The ratio of long to short positions in the EURUSD stands at -2.17 as nearly 68% of traders are short. Yesterday, the ratio was at -2.46 as 71% of open positions were short. In detail, long positions are 12.2% higher than yesterday and 10.6 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817745.shtml HONG KONG (AP) -- Kohlberg Kravis Roberts Co. LP said Monday it acquired a minority stake in China's Tianrui Group Cement Co. for $115 million, in the private equity firm's first investment in mainland China. KKR said in a statement Henan-based Tianr 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817744.shtml US Dollar Index : Implied speculative position deteriorated once again for the greenback, with the trend clearly towards selling the currency at multi-decade lows. Yet improving commercial interest may bring a recurrence of what we saw several month 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817743.shtml Outlook: September 17, 10:00 AM New York : The quiet before the storm of tomorrows Fed decision is keeping us on the sidelines as markets oscillate in anticipation of more clarity in the direction of interest rates. There is little else in terms of 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817519.shtml PITTSBURGH (AP) -- The Roman Catholic Diocese of Pittsburgh said Monday it has created a $1.25 million fund to settle 32 lawsuits alleging abuse or injury by priests. In a joint statement with an attorney for the plaintiffs, the diocese said it wante 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817518.shtml DES MOINES, Iowa (AP) -- Democratic presidential candidate Hillary Rodham Clinton is unveiling a sweeping health care proposal Monday that would require everyone to carry health insurance and offer federal subsidies to help reduce the cost of coverag 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817517.shtml Fundamental Headlines - NZDUSD - Service sector performance index prints at 59.4. Best showing in months, encouraged by all components, despite credit issues looming over business sector. - AUDUSD - Prime Minister John Howard announces A$430 million 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817516.shtml - Japanese Yen a Recapture of 115.50 pints to 118.00 - British Pound Brea ks the 100 SMA as Trend Po ints Down - Swiss Franc Support at 1.1800 Remains Key - Canadian Dollar Honing in on Parity - Australian Dollar Reaches a Moment of Truth - New Zeal 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817515.shtml Weekly Bank Research Center 9-17-07 Bank of England to Leave Rates on Hold, Cut in 2008 Trevor Williams, Chief Economist at Lloyds TSB Financial Markets In recent days, some UK lenders have raisedmortgage rates in response to higher market rates, wh 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817514.shtml Trading the News: FOMC Rate Decision What is Expected Time of release: 09/18/2007 18:15 GMT, 14:15 EST Primary Pair Impact : EURUSD Expected: 5.00% Previous:5.25% How To Trade This Event Risk Though the Federal Reserves Board of Governors have left 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817513.shtml Millionaire Traders Hit #1 on Amazon Business and Investing Books Thursday September 13 after Boris Schlossberg's interview on CNBC Squawk Box. Appearing with him was Steve Ickow, one of our Millionaire Traders. Here is the interview: **September 13 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817512.shtml A survey of manufacturing activity in the New York region printed considerably worse than expected, with the headline index a whopping 10.36 off of its August pace. The shocking drop came on a tumble in new orders, with the sub-index at its worst si 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817511.shtml Canadian International Securities Transactions (JUL) Actual: C$1.502B Expected: -C$4.500B Previous:-C$4.330B (R+) Canada's second trade indicator, the international securities transaction balance (a measure of net purchases of Canadian securities), 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817510.shtml EURUSD - The ratio of long to short positions in the EURUSD stands at -2.32 as nearly 70% of traders are short. Yesterday, the ratio was at -2.46 as 71% of open positions were short. In detail, long positions are 8.1% higher than yesterday and 6.5% 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817509.shtml Talking Points -Japanese Yen: dips into 114s on UK worries -Euro: very quiet trading off EURJPY flows -Pound: Northern Rock problems grow -Dollar: Awaiting FOMC. Following NK story Start of the new week and traders eyes are focused squarely on UK, w 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817508.shtml Euro-Zone Trade Balance (JUL) (Balance) (s.a.) Actual: 4.6B -0.6B Expected:7.0B4.0B Previous: 7.6B (R-) 4.4B (R-) The Euro Zone's physical trade account reported interesting and divergent results between its adjusted and unadjusted numbers. For an u 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817507.shtml $ Dollar - Will The Fed Sacrifice The Greenback? euro; Will Euro Take On 1.40 This Week? Yen Traders Pay Little Attention To Abes Farewell, BoJ Too? ? Pound Traders Cautious As BoE Bailout Reminiscent Of US Troubles ? SNB - The Unflappable Hawk C$ Ca 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817506.shtml The EURCHF has posted a second failure at key technical resistance of a 100-day Simple Moving Average and the 61.8% Fibonacci retracement of the 1.6686-1.6175. A continued hold of this level leaves risks clearly to the downside through short term tra 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817505.shtml A continued focus on the US side of the EURUSD pair has kept attention away from news in the Euro-zone, as CPI unexpectedly fell to an annualized rate of 1.7 percent during the month of August - well below the European Central Banks 2.0 percent ceili 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817504.shtml As expected, Japanese industrial production was confirmed to have fallen 0.4 percent during the month of July. While this drop was attributed to an earthquake during that period that hit a car parts factory and disrupted output for automakers, the fi 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817503.shtml The British pound tumbled on Friday after the Bank of England announced plans to provide liquidity to the UKs fourth largest mortgage lend, Northern Rock, which was finding it increasingly difficult to access longer term funding. While the BOEs press 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817502.shtml -US Dollar Remains Near Record Lows As Retail Sales Increase Chances Of Fed Cut On Tuesday -Euro Stands To Soften As Weaker CPI Limits ECB Rate Hike Prospects -British Pound Falters As BOE Bails Out Northern Rock US Dollar Remains Near Record Lows A 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817501.shtml EURUSD - The ratio of long to short positions in the EURUSD stands at -2.27 as nearly 69% of traders are short. Yesterday, the ratio was at -2.45 as 71% of open positions were short. In detail, long positions are 4.4% higher than yesterday and 22.7% 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817500.shtml Exit 1/2 of the GBPUSD short position from Wednesday for a profit of about 250 pips (currently at 2.0070). Move the stop to breakeven on the other half (2.0320). As for the GBPCHFshort, move the stop to breakeven (2.4120). 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817499.shtml DAILY TECHNICAL OUTLOOK ON EUR/USD Update time : September 14, 2007 00:05 GMT EUR/USD - 1.3865...Although the euro rose to another new record high yesterday at 1.3930, the single currency retreated from there on profit taking and also dollar strengt 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817498.shtml Friday 14 September 2007 1:00 a.m. EDT - to the Northern Rock, one of the UK 's largest mortgage lenders. (BBC) GBPUSD Weekly: , the worst month in the fund's 12-year history?August was a difficult month for the overall markets, but even more diffic 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091817497.shtml Trading the News: Canadian International Securities Transactions What is Expected Time of release: 09/17/2007 12:30 GMT, 08:30 EST Primary Pair Impact : USDCAD Expected: -- Previous: -C$4.521B How To Trade This Event Risk In the hierarchy of Canadia 2007-09-18 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091717128.shtml NEW DELHI (AP) -- India's external debt rose 23 percent in the most recent fiscal year, largely because of a sharp rise in overseas borrowing by Indian companies, the government said Monday. The dollar's slide against major currencies also contribute 2007-09-17 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091516602.shtml DETROIT (Reuters) - The United Auto Workers union agreed to extend its contract with General Motors Corp. on an "hour-to-hour" basis on Saturday as the two sides continued labor talks beyond a Friday deadline. The move by the UAW avoided the threat 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091516186.shtml NEW YORK (AP) -- Citigroup Inc. has struck a deal with PGGM, a Dutch pension fund, to essentially insure about $3.5 billion worth of loans on its balance sheet that it can't easily convert to cash. The transaction comes as Citigroup, the biggest U.S. 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091516011.shtml WASHINGTON (AP) -- U.S. import prices fell last month for the first time since January on lower oil and natural gas prices. However, with oil prices on the rise again this month, the relief should be short lived. A fourth straight climb in prices fro 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091515922.shtml NEW YORK (AP) -- Gold bounced back Friday from a two-day slump, as weak readings on the U.S. economy drove some investors from stocks into the relative safety of precious metals. Meanwhile, oil prices slipped below the $80-a-barrel mark but remained 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091515921.shtml The US dollar showed signs oflife through end-of-week trade, as the greenback shrugged off mediocre AdvanceRetail Sales data to rally on improved consumer confidence figures. Asubsequent jump in Treasury bond yields likewise improved the currency?s i 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091515841.shtml Evidence suggests that a 12 year triangle is complete at 124.13 and that the USDJPY is headedto a new low in the coming weeks.However, the wave structure indicates one more advance is likely to occurbefore thenext bearish leg begins. Fibonacciextensi 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091515778.shtml Last week we talked about identifying a trade as a two step process. The first step is to determine the direction of the trend on the daily chart and then to move down to an intraday chart, like the hourly or 4-hour, to pinpoint our entry and exit. I 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091515777.shtml DETROIT (Reuters) - Negotiations for a new labor contract between General Motors Corp (NYSE: - ) and the United Auto Workers union resumed on Friday morning as the No. 1 U.S. automaker heads toward a midnight deadline to either clinch a deal or face 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091515776.shtml EURAUD EURCAD EURNZD Commentary - We wrote last week that the "declines at varying degrees of trend are in 3 waves, which indicates corrective movements and that the dominant trend is towards higher prices. 1.6400 is near term risk and should remain 2007-09-15 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415573.shtml CARACAS, Venezuela (AP) -- Venezuela is prepared to face Exxon Mobil Corp. in international arbitration to defend its nationalization of key oil projects, the country's energy minister said. "We're ready to face it," Energy Minister Rafael Ramirez to 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415572.shtml WASHINGTON (Reuters) - Retail sales edged up in August but they posted the biggest decline in almost a year when car sales were stripped out as consumer spending softened, a government report on Friday showed. Retail sales rose a smaller-than-expect 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415571.shtml US Advanced Retail Sales (AUG) (Advanced)(Less Autos) Actual: 0.3% -0.4% Expected: 0.5% 0.2% Previous: 0.5% (R+) 0.7% Consumer spending in the world's largest economy was relatively stable through August - at least that is what the headline number w 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415320.shtml WASHINGTON (AP) -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on con 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415306.shtml WASHINGTON (AP) -- The deficit in the broadest measure of U.S. trade declined in the spring, providing hope that the imbalance may finally show signs of improving this year. The Commerce Department reported Friday that the current account, which meas 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415227.shtml TOKYO (AP) -- The dollar fell against the yen Friday in Asia on reports of credit problems at Britain's largest mortgage lender. The dollar was trading at 114.98 yen midafternoon, down from 115.29 yen late Thursday in New York. The euro fell to US$1. 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415194.shtml SINGAPORE (AP) -- Oil prices fell Friday amid profit taking after closing at a record high the previous session on supply concerns. Light, sweet crude for October delivery lost 29 cents to $79.80 a barrel in Asian electronic trading on the New York M 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415006.shtml WASHINGTON (AP) -- The federal deficit is running sharply lower than last year even though spending in August set an all-time high, the government reported Thursday. The Treasury Department said that the deficit through the first 11 months of this bu 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415005.shtml Pulling back mildly against the US dollar in the overnight, the British pound rocketed higher during the session as traders look ahead to next week?s round of pertinent releases. The GBPUSD was able to break above the 2.0300 psychological level, from 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415004.shtml The strength of the Euro prevailed during the early NY trading session today, as the currency reached a record high of 1.3927 against the US Dollar, a 14-month high against the British Pound, and a one month high against the Japanese Yen. Commentary 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415003.shtml It seems that a stronger yen may be dulling the investment appetite of Japanese funds, as per the Ministry of Finance?s report last night. According to the survey, net foreign stock holdings by Japanese funds declined by 43.89 billion, as fixed incom 2007-09-14 Currencies 秩名 en.yinlu.net /markets/Currencies/2007091415002.shtml Alongside the decisions of other central bankers including the Reserve Bank of Australia and the Bank of England, the Reserve Bank of New Zealand kept interest rates unchanged at a record high 8.25 percent last night. Citing that a falling currency a 2007-09-14 Currencies