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Current News
US STOCKS-Strong U.S. data, financials drive stocks higher (at Reuters) -1:29 - 27.08.2008 Watch: Actions Speak Louder Than Words (at Minyanville.com) -1:40 - 27.08.2008 Don't Believe the Fed-Rate-Hike Hype (TechTicker) -1:36 - 27.08.2008 Europe's Last Beheaded 'Witch' Exonerated 200 Years Later -1:02 - 27.08.2008 Daughter Allegedly Kidnapped For Non-Muslim Marriage -1:35 - 27.08.2008 S. Korea Buddhists March Against Christian President -1:12 - 27.08.2008

Current News

US STOCKS-Strong U.S. data, financials drive stocks higher (at Reuters) -1:29 - 27.08.2008
Watch: Actions Speak Louder Than Words (at Minyanville.com) -1:40 - 27.08.2008
Don't Believe the Fed-Rate-Hike Hype (TechTicker) -1:36 - 27.08.2008
Europe's Last Beheaded 'Witch' Exonerated 200 Years Later -1:02 - 27.08.2008
Daughter Allegedly Kidnapped For Non-Muslim Marriage -1:35 - 27.08.2008
S. Korea Buddhists March Against Christian President -1:12 - 27.08.2008

Current Economic Currency Data and News

Currency 24 hour market exchange rates:

Headlines in the Currency Markets:

Euro Open: EZ Consumer Confidence to Remain at 5-Year Low (Daily FX)

The Euro moved higher overnight, testing above the 1.48 level. Sterling retraced some of the heavy losses seen in US hours, rising to re-test the 1.84 level. Australian Private Capital Expenditure surprised to the upside, printing at 5.7% in the second quarter versus 2.0% expected.

EUR/CHF Short-Term Technical Outlook (Daily FX)

Currency Pair: EUR/CHF Chart: 15 Min Charts Short-Term Bias: Long After finding support near 1.6100, a short-term correction looks to be underway for the EUR/CHF.

Euro Reversal Stymied By Drop In German CPI (Daily FX)

Through the European trading hours Wednesday, the euro was enjoying a modest but consistent decline against its US counterpart owing largely to the comments delivered by Axel Weber.

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