what happened to the equity markets 2009
What Happened To Mataf?
What happened to this forum (atleast english section)? It used to be full of useful info and now its just crappy spam, no discusion. Where is everyone?
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Asian markets, flat after ?stress test?; Euro, Pound and Yen consolidate
FXstreet.com (Barcelona) ? Asian markets have remained little moved on Friday after U.S. Treasury reported that the 19 largest banks would need $75 billions to be well capitalized, a lower than expected figure. Euro and Pound and Yen have been consolidating during Asian session.Japanese Nikkei index adds 0.2% reversing opening losses, while South Korean Kospi Index trades 0.4% above its opening level, and Australian S&P Index fell 0.7%.Banking shares have been higher today despite rises were narrow in all cases;
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USD/CAD Rising Higher as Banking Concerns Grip Markets
USD/CAD is getting some support from weaker equity markets as banking problems continue to stoke fear sentiment.Weaker North American stocks are providing broad momentum to the U.S. dollar and helping to push USD/CAD closer to the 1.30 CAD marker. The cross is up over a full cent to 1.2884 CAD. The negative sentiment started overnight when the U.S. Treasury released a statement saying it would increase its stake in AIG, allowing the insurance company to draw up to
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Canadian Dollar Loses Ground as Equities Fall
The Canadian dollar saw some brief strength overnight, but a drop in equity markets is dragging the loonie lower.Broader U.S. dollar weakness helped the Canadian dollar make modest gains overnight.USD/CAD then spiked lower in what currency strategists said was a relief rally following an in line U.S. nonfarm payrolls report. The cross hit a session low at 1.2766 CAD following the report. However, strategists are not expecting the relief rally to last. U.S. equity markets already are
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USD/JPY: Dollar will reach 105.00 in the 3Q, says CIBC
FXstreet.com (Barcelona) - Dollar recovery from 87.00 low on Jan 21 will reach its highest level on the third quarter of the year at prices around 105.00, according to CIBC World Markets. USD/JPY will reach average levels around 100.00 in the second quarter of the year to reach a maximum average at 105.00 during the third quarter of the year, and drop towards 97.00 on the last quarter of 2009.For next year, CIBC World markets project the Dollar trading
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Euro Gets Lift From Equity Markets
The euro gained more than 1.5 cents against the U.S. dollar on Tuesday as a rebound in stock markets spurred buying.The euro has made gains in three of the past four sessions after falling to a 10-week low last week. Most recently, it was up 0.0163 to 1.2857 USD.The real issue for the euro is that it's trading as a derivative of equity markets, said Adam Boyton, senior FX strategist at Deutsche Bank.At 3 p.m. EST, the
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Morning Market Recap: U.S. Dollar Continues Slide, Commodities Rally
The reverberations from the Federal Reserve's plan to increase its balance sheet and undertake quantitative easing continues to drive commodities and stocks higher, with the U.S. dollar slumping.One way to keep an equity market rally alive is to throw money at it and yesterday's announced $1.15 trillion in additional debt security purchases by the Fed was more than what either bond or equity markets thought the Fed would do, said Andrew Pyle, investment adviser at Scotia Capital.Most
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U.S. Dollar Remains Strong as Equity Markets Continue to Fall
(CEP News) - Weaker equity markets continue to dominate currencies, and are providing support for
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Euro Weakens on More Banking Woes
Risk aversion is alive and well Monday morning, which is helping boost the U.S. dollar across the board.U.S. equity futures are under pressure ahead of the North America trading session, which is helping to support the U.S. dollar. Currency markets are reacting to news that the U.S. government will provide AIG with more government funding, according to currency strategists. The euro continued to lose ground against the U.S. dollar overnight and is trading near the bottom of
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