Euro Plummets vs Dollar and Pound to Start the Week

Monday, January 5th, 2009

The Euro fell almost 400 pips against the Dollar and the Pound as expectations increased that the ECB will have to cut rates more than expected as weak data keeps coming in. The Pound rebounded on the BOE's plan to expand lending to banks, the Dollar saw strength on Obama's fiscal plan and the Loonie gained on rising oil prices.  
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Manufacturing Data Grim to End 2008, but Stocks and Risk Appetite Rally

Friday, 01/02/09

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Volatile End to 2008 in Thin Trading

Wednesday, 12/31/08

Franc Gains on Political Instability, Pound Continues Sinking

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