| Weekly Market Wrap-up September 18, 2009 at 9:16 pm |
| In currency trading this week, the greenback continued to hit fresh year-to-date lows against the euro and Swiss Franc and seven-month lows against the yen. The overall market sentiment is that the weaker dollar trend is being driven by reserve diversification, encouraging more commentary that the dollar is becoming a... |
| US Economy Shifts into Forward September 18, 2009 at 4:27 am |
| The downward trend of the dollar continued this week. At 1.4768, EUR-USD reached a new annual high while Eastern European and Scandinavian currencies appreciated even more strongly. The losses recorded by the dollar reflect investors' growing willingness to take on risks, which can also be seen in rising equity prices,... |
| Weekly Market Commentary September 18, 2009 at 4:23 am |
| After weakening against all currencies for the last three weeks, and for ten against the Kiwi, the US dollar might need to take a breather. However, depending on weekly closes tonight there is a chance that the trend will gather pace through to mid-October, pushing precious metals and a few... | |
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