forex news

Two significant milestones have been reached in the financial markets today, one in stocks and one in currencies. On an intraday and possibly even on a closing basis, the Dow Jones Industrial Average has broken the Bear Stearns low. It was in the middle of March that the Bear Stearns debacle became public, sending the Dow to a low of 11,731

The Nation's premier Conservative Newspaper the Washington Times is actually paying the AP to run a commentary.. oh I mean an article written by Bob Lewis. We all know 'Hatchet Job Bob' from his Bear Stearns stretch/hitjob/commentary, err.. article here. Actually, I am having a hard time getting the links

FX Briefing - EUR-USD between fear and hope FX Briefing 11 April 2008 Highlights · EUR-USD inches towards a new record high · IMF points out ... , only to fall back later during the trading session. Thus the euro failed to reach 1.60 for the third ... since the rescue of Bear Stearns. The euro also rose to a new all-time high of 0.8035 against

Now, we look at the Bear Stearns of the North Atlantic - Iceland ... torture. The franc has risen 5pc against the euro since October. The real level of the debt

Markets slump on banking worries Posted on March 17th, 2008 [ NY stock market] BBC News: Markets from New York to Tokyo have recorded heavy losses in reaction to the emergency bailout of US investment bank Bear Stearns over the weekend.In New York the Dow Jones Industrials tumbled 194 points, more than 1