Dollar Weakness
« Previous Entries Next Entries »Dollar, USD Gains Stalled
Tuesday, September 23rd, 2008The dollar has been under immerse pressure for the past weeks due to series of bad news from the US economy. Last week saw the dollar make another 4-month low of 103.52 on the yen having risen to the podium of 110.65. Since making that 13-year low of 95.73 in March 2008 it has been dugged by events.
DOW JONES: Chaos Across Pond - Lehman Wrecks It All
Tuesday, September 16th, 2008Today’s equity trading saw dot com era and Asian markets fall revisited. The appetite for risks that bereft the Korea exchange a few years ago landed on the DOW Jones open. The demise of the Lehman Brothers, coupled with hurricane Ike disaster taking out several oil well in the south made it even worse.Either of this news was bad enough for one day in the market but to have them synchronized defiles believe.
Oil Prices Pause Within Sight of 120 Dollars
Thursday, April 24th, 2008This was an interesting article I found researching for my Thursday trades today on Yahoo News. Futures speculators have been having a field-day amid housing market troubles.
SINGAPORE (AFP) - World oil prices paused within sight of the 120-dollar level on Thursday after a mixed report on US energy stockpiles, dealers said.
In Asian afternoon trading, New [...]
