| Oversold Greenback Gains September 18, 2009 at 9:28 pm |
| The dollar rose after finding some support against most major currencies on Friday. Risk aversion increased overnight on Chinese and UK bank worries. Still, the S&P 500 was up a modest 2.81 to 1,068.30 in narrow trading range despite today's quadruple witching. The yen fell modestly. Japan's Finance Minister Hirohisa... |
| Week Ends With Pound Plunging, Greenback Firms September 18, 2009 at 9:25 pm |
| The Pound was pressured in today's trading, sliding strongly against the greenback. The Pound-Dollar pair slid as much as 215 pips from its open, finding support at the 1.6230 level. The fall extended the pair's decline from the beginning of the week and broke it out of a small counter-trend... | | |
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