Sat, 11 Oct 2008 02:35:13 Etc/GMT New Zealand Dollar Outlook Bearish As The Flight to Safety Continues (Daily FX)
The downturn in the global financial market paired with mounting growth concerns for the entire world has certainly taken a toll on the New Zealand dollar as investors limit their temperament for high-yielding assets.
Sat, 11 Oct 2008 02:28:08 Etc/GMT Swiss Franc Just As Linked To Risk Appetite As The Dollar And Yen (Daily FX)
Just like its Japanese and US counterparts, the Swiss franc is reaping the benefits of its safe haven status. Known as a perennial funding currency and a timeless harbor for capital, the currency will continue to benefit from flight to safety flows.
Sat, 11 Oct 2008 02:24:44 Etc/GMT Japanese Yen Locked to Global Risk Sentiment as Markets Digest G7 (Daily FX)
Economic fundamentals will fade into the background as the Japanese Yen exchange rate continues to be a direct reflection of financial markets? risk sentiment amid the continuing global credit crisis.
Sat, 11 Oct 2008 02:20:44 Etc/GMT Dollar Strength Over Extended Shaky Safe Haven Status (Daily FX)
Despite the approval of a massive $700 billion bailout plan and coordinated global rate cut, panic continues to dominate market sentiment. For the US dollar, the influence of this undesirable state will determine whether the currency can sustain its aggressive rally or a dramatic retracement brings it back to Earth.
Sat, 11 Oct 2008 01:57:24 Etc/GMT Forex Trading Weekly Forecast - 10.13.08 (Daily FX)
Regardless of the market you are following or the specific assets you trade , risk and panic are the common threads for activity. The world's economic super powers have already attempted to forcibly revive confidence in lending and investing; but to no avail.
Sat, 11 Oct 2008 01:11:26 Etc/GMT G7 pledges urgent, decisive action as markets reel (Reuters)
Finance chiefs of the world's rich nations pledged on Friday to prevent big banks from collapse and to work together to stem the financial crisis after another day of gut-wrenching drops on world markets.