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DailyFX Currency Update


  • ECB: Still Keeping the Market Guessing

  • Bernanke holds currencies hostage; European Central Bank keeps the market guessing; British pound: Are UK banks in trouble?
  • Friday, August 31 - 2007 at 01:14
  • Euro: Watch for a Break of 1.37

  • Carry trades and Dow rally despite bad data; Euro: Watch for a break of 1.37; British pound: A puppet of the risk appetite
  • Thursday, August 30 - 2007 at 01:45
  • Carry Trades: More Losses to Come

  • Risk aversion returns to US dollar as stocks fall over 280 Points; More losses to come for carry trades; European banks still at risk
  • Wednesday, August 29 - 2007 at 01:42 | readers' rating 7/10
  • ECB Trichet Non Committal About September Rate Hike

  • Federal Reserve: Arguments for and against a September rate cut; ECB Trichet non-committal about September rate hike; Japanese cabinet shakeup fails to hurt the Japanese yen
  • Tuesday, August 28 - 2007 at 00:27 | readers' rating 6/10
  • ECB: September Rate Hike Not a Done Deal

  • US Dollar Weakens as Risk Appetite Returns (Sort of); ECB: September Rate Hike Not a Done Deal; British Pound Breaks Above 2.01
  • Saturday, August 25 - 2007 at 01:02 | readers' rating 5/10
  • US Dollar: Outlook is Grim but a Recovery Could be Swift

  • US Dollar: Outlook is Grim but a Recovery Could be Swift; Euro Rallies as ECB Sticks to Plan for Raising Interest Rates; Bank of Japan Leaves Rates Unchanged, But Plan on Normalizing Rates in Months to Come
  • Friday, August 24 - 2007 at 01:45

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