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Hot-Chart - Jul 28
GBP Getting Best of Down Under   GBPAUD reflects contrasting expectations . more..
 
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Intraday Market Thoughts

2010.09.03: RALLYING LOONIE accumulates gains post-US jobs, amid positive impact on Canadas economy from stabilizing US dynamics, and the rationale based on the fact that Canadas overnight rate remains below 1% and faces higher upside than any of the commodity

2010.09.03: MARKETS CHEER AUG US JOBS REPORT as payrolls fall by smaller than expected 54K and the unemp rate rises to 9.6%. More striking is the July figure was revised down to -54K from -131K, while the private payrolls rose by 67K vs exp 41K following 107K

2010.09.03: Ashraf's Video for Reuters Thomson illustrating the similarities of the interest rate cycles between the Fed and the Bank of England and QE2 by the Fed will lead to the same by the BoE http://bit.ly/ 9VAefQ

 

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