Custom HouseCustom House NewsEuro Falls to Near Six-Month Low on German Outlook, Drop in Oil- August 16, 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 Dollar Charges Forward- August 16, 2008 The dollar rebound continued Friday, as the greenback climbed to a nearly 2-year high against the pound and extended its gains against the euro, amid troubling signs about the global economy.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0815-3 Closing Market Recap: Treasuries Rally, Equities Slide and USD Declines- August 13, 2008 Markets took their cue from the embattled financial sector on Tuesday and worries continue to hurt bank and brokerage stocks and boost fixed income.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0812-2 U.S. Preview: Advance Retail Sales Ex-Autos Set to Post 0.5% Gain in July- August 13, 2008 Economists expect retail sales to begin the third quarter on a soft note as the impact of the fiscal stimulus package begins to fade.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0812 Euro-Dollar Hits 5-Month Low- August 12, 2008 The greenback reached a five-month high against the euro overnight.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0811 Japanese Yen Next to Succumb to U.S. Dollar Momentum- August 8, 2008 Confidence in the U.S. dollar has grown over the last few weeks and it has made significant gains against more major currencies. According to Mark Frey, vice-president of FX trading at Custom House, said one of the next currencies to be swept in the greenback's growing momentum is the Japanese yen.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0807 Greenback Weathering the Storm- August 6, 2008 The U.S. economy is in the doldrums, but during the past four weeks, despite oodles of bad news, the much-maligned dollar has turned higher.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0805 Custom House's Koppmans Expects Australia to Cut Rates- August 5, 2008 Paul Koopmans, corporate risk manager at Custom House, talks with Bloomberg's Catherine Yang from Melbourne about the outlook for the euro, U.S. dollar, so-called carry trades, and Federal Reserve and Reserve Bank of Australia monetary policyhttp://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0804-2 Australian, N.Z. Dollars Gain as Charts Signal Losses Excessive- August 2, 2008 The Australian dollar rose from a three-month low and the New Zealand dollar climbed from near the weakest in 10 months as technical charts signaled the more than 2 percent loss in the currencies of the past week was excessive.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0804 Dollar rises to 5-wk high vs euro, buoyed by US data- August 2, 2008 The U.S. dollar climbed to five-week peaks against the euro and three-week highs against the British pound on Friday as better-than-expected economic data allayed worries about a much sharper slowdown.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0801 |