Currency News

No News is Bad News in Currency Markets

Posted October 19, 2008

The currency markets that were waiting for European unity on Monday were still waiting on Tuesday.


Global Markets Wait for European Financial Unity

Posted October 19, 2008

It’s with a lot of trepidation that people are watching currency rates right now.


Global Economies React to Deepening Crisis

Posted October 19, 2008

On Friday, October 3, the United States dollar advanced against the euro for one reason. What is now called the U.S. bailout has made global currency traders seek safe haven amid a deepening economic crisis gripping worldwide markets.


The Economic Red Ant Hill

Posted October 19, 2008

Global stock markets continued to fall on 10/October/08 hitting new lows. The G7 agreed to meet over the weekend and try to come up with a unified approach to prevent further declines and stabilize the markets.


Head in Hands…

Posted October 19, 2008

The stock markets continued their downward freefall yesterday raising more fears the end is still not in sight. The continued slumping of the financial markets is now extending beyond the banking systems.


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