04/01/08 - Daily Forex Market News from cmsfx.com
Carry Trade and Dollar Bounce Back, ISM Manufacturing Data HelpsThe Dollar surged vs the Euro and Yen on financial news out of Europe - further write-downs by UBS and Deutsche Bank - and better than expected ISM Manufacturing data out of the US. Increases in US stocks also rallied carry trade pairs as risk appetite returned. News Provided by CMS Forex
Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: cmsfx
Length: 03:13
Rating: 4.00
Views: 120
Tags: currencies economy exchange finance foreign forex fx news trading
Video Comments
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ofInterestNZ (November 30, 1999 at 12:00 am)
The Reserve Bank of New Zealand believes the New Zealand dollar could have risen much higher in recent months because of the sharp increase in New Zealand's interest rate advantage over other currencies, but timid speculators may have helped keep a lid on the Kiwi. |
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