Custom HouseCustom House NewsThe Week Ahead UK & Europe: BOE and ECB Interest Rate Decisions- August 30, 2008 After last week's wave of hawkish comments from European Central Bank speakers, markets are expecting the central bank to keep rates on hold at 4.25%. In the UK, markets are also expecting the Bank of England to hold rates at 5.00%.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0829 The Week Ahead Canada & U.S.: BOE Interest Rate Decision; Cdn & U.S. Employment- August 30, 2008 The summer holidays are over and markets will receive major U.S. and Canadian data. North American markets will pay attention to the Bank of Canada interest rate decision as well as Friday's employment number. In the U.S., nonfarm payrolls and ISM manufacturing and services reports will be the highlight of the week.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0829-2 Canada's Dollar Drops as Oil Reverses Gain, U.S. Dollar Rises- August 29, 2008 Canada's dollar dropped for the first time in three days after crude oil reversed early gains and the U.S. dollar rallied versus most of the world's major currencies.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0828 Trader Preview: Oil Prices Help Boost Canadian Dollar in the Short Term- August 28, 2008 Mark Frey, vice president of FX trading at Custom House said that the recent bottom in commodity prices is helping to boost the Canadian dollar. But looking at longer term trends, Frey said the U.S. dollar is expected to continue to make gains against the Loonie.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0827-2 ECB Expected to Stand Pat- August 27, 2008 The ECB is unlikely to cut rates at its next meeting, predicts Alex Wenham, senior corporate FX dealer at Custom House. He tells CNBC's Stephen Sedgwick & Maura Fogarty why.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0826-2 Canadian Dollar Strengthens to a Three-Week High as Oil Gains- August 27, 2008 Canada's currency climbed to the highest in almost three weeks as the price of crude oil erased an earlier loss and increased on forecasts showing Hurricane Gustav may enter the Gulf of Mexico.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0826 Canada Afternoon: C$ Higher, But Off Highs As USD Rebounds- August 27, 2008 The ECB is unlikely to cut rates at its next meeting, predicts Alex Wenham, senior corporate FX dealer at Custom House. He tells CNBC's Stephen Sedgwick & Maura Fogarty why.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0827 Pound Will Remain Strong- August 21, 2008 The euro fell to near the lowest level against the dollar in six months as Germany's economic outlook deteriorated.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0820-2 Aussie and Kiwi Dollars Have Further to Fall- August 16, 2008 Mark Frey, vice president of FX trading at Custom House said the Australian and New Zealand dollar will continue to fall against the greenbackhttp://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0815 Oil Price Dip, Rising Dollar Signal Relief- August 16, 2008 A big drop in fuel prices and a rise in the dollar are providing a breath of fresh air for the economy, easing inflation and re-energizing consumer buying power at a critical time when the boost from tax rebates is fizzling.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0815-2 |