Investors have begun to sour on the US as weak economic data and expectations of further monetary easing by the Fed prompt fears the recovery could peter out
Dollar faces gathering headwinds
Source: www.ft.com
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Forex: EUR/USD falls sharply on Friday
The Dollar rose against the Euro erasing Thursday's losses. EUR/USD fell to 1.4700 (intra-day low) but failed to break below. The Euro did not hold above 1.4800 and weakened. The fall in stocks helped Greenback that finished the week higher for the first since late September EUR/USD finished...
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4140 level and...
USD drifting lower heading into Tokyo open
The USD is uniformly lower early in the session and it is difficult to see where the buy-dollar signals are going to come from. Order books are fairly clear in the EUR/USD until 1.4200-10 where some Sovereign offers are touted. There is also said to be good selling interest in the AUD/USD at .8250...
Is this the driver today?
There has not been that much talk on the topic today but the considerable chance that Iran’s Ahmadinejad could lose his reelection bid tomorrow could be supporting markets today. The story hits all the right notes, potentially dampening geopolitical tensions in the Middle East, boosting...
Airbus could loses $3ln+ in A380 orders
ILFC, the world’s largest airplane leasing company may cancel orders for 10 Airbus A380s. Thos ebad boys carry a list price of over $300 mln a...