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Title: Currency Market Thread Post by: Millennium Horizon on April 22, 2008, 04:09:07 AM Hello Guys,
We recently expanded our services to the web community in providing information regarding the opportunities in the Spot Currency Market. This thread will be dedicated in providing headlines and market updates for all to see and read. We are currently monitoring the Major Currencies only, namely the USD, EUR, GBP, CHF, JPY, AUD, CAD and sometimes XAU and XAG. Happy Trading Guys! PS. If you want to receive Daily Market Reports, you may email go to our website, register yourself (ITS FREE ANYWAY) and subscribe to our mailing lists! ;) Millennium Horizon International (http://"http://www.millenniumhorizon.com") Join the Millennium Web Community (http://"http://www.millenniumhorizon.com/index.php?option=com_comprofiler&task=registers") Title: Re: Currency Market Thread Post by: Ross Alvarez on April 22, 2008, 10:43:37 AM With the USD down for the past months. Do you see any indication that it's going to make a rebound sooner?
Title: Re: Currency Market Thread Post by: Millennium Horizon on April 23, 2008, 12:16:59 AM Dollar Trades Near Record Low Versus Euro on Wider Yield Spread
The dollar traded near a record low against the Euro on speculation the Federal Reserve will cut borrowing costs further while the European Central Bank keeps interest rates on hold. The greenback fell below $1.60 per Euro for a second day as the extra yield that two-year German government bonds pay over similar-dated Treasuries widened to the most in two weeks and as crude oil surged above $119 a barrel. The Australian dollar traded near a 24-year high against the U.S. currency before a report that is forecast to show inflation accelerated. Read more... (http://www.millenniumhorizon.com/index.php?option=com_content&task=view&id=585&Itemid=1) Currency Market Commentary (http://www.millenniumhorizon.com/index.php?option=com_content&task=blogsection&id=12&Itemid=247) Currency Market Analysis (http://www.millenniumhorizon.com/index.php?option=com_content&task=blogsection&id=13&Itemid=248) Todays Economic Calendar (http://www.millenniumhorizon.com/index.php?option=com_content&task=view&id=29&Itemid=81) Millennium Horizon International (http://www.millenniumhorizon.com) Join the Millennium Web Community of Traders (http://www.millenniumhorizon.com/index.php?option=com_comprofiler&task=registers) Link Exchange (http://www.millenniumhorizon.com/index.php?option=com_linx&Itemid=266) Title: Re: Currency Market Thread Post by: Millennium Horizon on April 23, 2008, 12:23:21 AM With the USD down for the past months. Do you see any indication that it's going to make a rebound sooner? Absolutely, but it will definitely take time... :) Title: Re: Currency Market Thread Post by: Millennium Horizon on April 23, 2008, 11:09:52 PM Euro Is Little Changed Before German Business Confidence Data
The Euro was little changed against the dollar before a report forecast to show German business confidence declined in April, indicating the single currency's strength is hurting Europe's biggest economy. The common European currency pulled back from a record high yesterday after Luxembourg's Finance Minister Jean-Claude Juncker signaled concern that the pace of the U.S. currency's decline will take a toll on growth. The New Zealand dollar fell after the country's Central Bank signaled interest rates may decline later this year as the economy slows. Read More (http://www.millenniumhorizon.com/index.php?option=com_content&task=view&id=602&Itemid=1) Currency Market Commentary (http://www.millenniumhorizon.com/index.php?option=com_content&task=blogsection&id=12&Itemid=247) Currency Market Analysis (http://www.millenniumhorizon.com/index.php?option=com_content&task=blogsection&id=13&Itemid=248) Todays Economic Calendar (http://www.millenniumhorizon.com/index.php?option=com_content&task=view&id=29&Itemid=81) Title: Re: Currency Market Thread Post by: Millennium Horizon on April 29, 2008, 02:52:58 AM Dollar Trades Near 2-Month High Against Yen Before Fed Meeting
The dollar traded near a two-month high against the yen as Federal Reserve officials prepared to convene a two-day policy meeting at which they may signal that it's close to ending cuts in the target lending rate. The U.S. currency headed for its first monthly advance versus the yen and EURO since December as traders pared bets the Fed will keep reducing interest rates as record oil prices accelerate Inflation and confidence returns to credit markets. New Zealand's dollar slid after a government report showed the nation's trade deficit unexpectedly widened in March. Read more... (http://www.millenniumhorizon.com/index.php?option=com_content&task=view&id=636&Itemid=1) # Forex Forum (http://www.millenniumhorizon.com/index.php?option=com_fireboard&Itemid=38) # Economic Calendar (http://www.millenniumhorizon.com/index.php?option=com_content&task=view&id=29&Itemid=81) # Market News (http://www.millenniumhorizon.com/index.php?option=com_content&task=view&id=33&Itemid=86) # Gallery (http://www.millenniumhorizon.com/index.php?option=com_rsgallery2&Itemid=217) # Articles (http://www.millenniumhorizon.com/index.php?option=com_content&task=blogsection&id=5&Itemid=223) # Glossary (http://www.millenniumhorizon.com/index.php?option=com_glossary&Itemid=265) ============================================================ US Dollar show signs of strength before Meeting despite the rumors of a 25basis point cut in Interest Rates... Is this the rebound of the US Dollar people are waiting for???
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