Companies and governments in emerging markets borrow more cheaply in the dollar than in their currencies for the first time in two years
Emerging market dollar-issues soar
Source: www.ft.com
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Reviewing Last Week - BBFX
Last week we posted three comments on specific moves in the currency markets, and one commentary regarding US Treasury Yields. Our posting from...
Asian Stockmarkets modestly higher
Asian Shares are modestly higher today, with the Nikkei closing out the morning session up 98 points or 1%, at 10,076. Mitsubishi Heavy was up 6% on a report that it was close to securing a large scale construction deal in Australia. Mask makers were also trading higher after the the H1N1 flu...
EUR/USD Rises for Third Day as GM Goes Bankrupt
Euro continued to advance sharply against the U.S. dollar today as the U.S. are witnessing their biggest bankruptcy case in history. Economic indicators that came out from the United States today (other than GM bankruptcy) were better than expected. EUR/USD is now trading...
Daily Forex Prediction for June 15, 2009 (update 09:58am GMT+7) by ...
EUR/USD After it is go up to around 1.4050, It is more likely to go down to around 1.3900 , and after that, it have a potential to go up to around 1.41. ... See all stories on this...
Cable extends rally
Cable continues it’s march higher, presently at 1.6370. Continues to be underpinned by robust risk appetite. Personally little surprised it’s got quite this far. Technical resistances now noted at 1.6375/80 and then...