ForeX

Year in Review
2008 was undoubtedly a turbulent year in the financials and the volatility in the forex market reflected that. Let’s look at some highlights of major currency movements:
Housing and Inflation, Oil, Credit Crunch, Confidence and Deflation
The year began with an extension of the previous year’s housing turmoil and surging inflation. Inflation was significantly above [...]

Movers and Shakers (June 23 – June 27, 2008)
US Dollar Extends Losses After FOMC Meeting
The FOMC’s decision to hold rates came as no surprise. In the statement, the committee mentioned a lessened downside risk to growth, but an increased upside risk to inflation. However the statement did not implicate any policy outlook for the [...]