Archive for June, 2008
US Dollar Under Pressure
Sunrise Market CommentaryUS Treasuries advance on weaker equities and higher crude oil prices The US Treasury rally made some more inroads on Friday, but the gains were more moderate than on Thursday as equities losses were more limited. Interesting week ahead with many key eco releases, but it might again […]
Dissecting H1 FX & Gold Performance
Dissecting H1 FX & Gold Performance
Market turmoil deepens as oil prices push to a new record of $142.22 per barrel, triggering fresh declines in global equities. The US-centric nature of bank write-downs and macro economic weakness is prolonging broad USD weakness, which is making the current turmoil different from that of November, August and February […]
Bearish Dollar Sentiment Calls for Risk Aversion!
Bearish Dollar Sentiment Calls for Risk Aversion!
The effect in the market is still locked and the sentiment of a weak dollar dominates the movement of currencies. Even with the release of inflationary and confidence data from the initiator of all problems, the US, trading remains of low volume as the trend continues sideways. Credit woes […]