MAY 29 2008
Dollar rose after a report showed new orders for US Durable goods
tumbled by less than expected in April , supporting the view the
Federal Reserve Bank may keep intrest rates on hold.
Thursday, May 29, 2008
Wednesday, May 28, 2008
UPDATES
MAY 28 WEDNESDAY
Intrest rate future show the Federal Reserve may start
to raise US borrowing cost by the end of the year as
the economy recovers and the inflation accelarates.
Seven intrest rate cut since September sent the
Dollar to an all time low against the Euro boosting
gold and other commodities
Intrest rate future show the Federal Reserve may start
to raise US borrowing cost by the end of the year as
the economy recovers and the inflation accelarates.
Seven intrest rate cut since September sent the
Dollar to an all time low against the Euro boosting
gold and other commodities
Tuesday, May 20, 2008
DOLLAR UPDATES
MAY 20 TH TUESDAY
U.S. Dollar Falls on Oil Surge, Outlook Rates Will Stay High in Europe The dollar fell the most in almost two months against the euro as the price of oil rose above $129 for the first time and speculation increased that the European Central Bank will keep interest rates high.
UBS Cuts Yen Forecast to 105 per Dollar; Predicts Lower Pound
UBS AG, the world's second-biggest currency trader, reduced its forecast for the yen against the dollar on speculation investors' appetite for riskier assets will improve at the same time as Japanese economic growth slows.
Dollar Rises Vs Rupee To INR39.74 Vs INR39.56 Monday India Close MUMBAI -(Dow Jones)- The Indian rupee fell to a near two-month low against the dollar Tuesday on concerns that slumping local stocks will prompt overseas investors to pull out funds, traders said. At 0340 GMT, the dollar was changing hands at INR39.74, up from Monday's India close at INR39.56.
U.S. Dollar Falls on Oil Surge, Outlook Rates Will Stay High in Europe The dollar fell the most in almost two months against the euro as the price of oil rose above $129 for the first time and speculation increased that the European Central Bank will keep interest rates high.
UBS Cuts Yen Forecast to 105 per Dollar; Predicts Lower Pound
UBS AG, the world's second-biggest currency trader, reduced its forecast for the yen against the dollar on speculation investors' appetite for riskier assets will improve at the same time as Japanese economic growth slows.
Dollar Rises Vs Rupee To INR39.74 Vs INR39.56 Monday India Close MUMBAI -(Dow Jones)- The Indian rupee fell to a near two-month low against the dollar Tuesday on concerns that slumping local stocks will prompt overseas investors to pull out funds, traders said. At 0340 GMT, the dollar was changing hands at INR39.74, up from Monday's India close at INR39.56.
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