Forex Analysis

The U.S. dollar is stronger against all but the yen after suggestions that the U.S. Government may make it harder for financial institution to repay their TARP loans.
Sterling Slides Following Downbeat Commentary from Lawmakers
(CEP News) - The pound sterling is weaker on Monday following suggestions that the IMF could once again downgrade its global economic forecast, coupled with more downbeat commentary from lawmakers.
Yen Higher After IMF Threatens to Cut Global Forecasts Again
The yen is stronger on Monday after some downbeat commentary from the International Monetary Fund over the weekend threatening to downgrade its global economic forecasts once again.
Dovish Comments from ECB's Trichet Adds to Euro Sell off
Dovish comments from ECB President Jean-Claude Trichet and weaker European data are helping to put pressure on the euro as it trades near a one-month low against the U.S. dollar.Higher Canadian Inflation Does Not Provide Much Support for Canadian Dollar
Rising Canadian inflation is not providing much support for the Canadian dollar on Friday as it remains under modest pressure against the greenback.

USD Higher After Comments From IMF Managing Director
The U.S. dollar is stronger across the board on Friday in the aftermath of commentary from the IMF voicing optimism that the greenback would retain its status as the world's primary currency.

Sterling Mostly Lower On Relatively Quite News Day
The pound sterling is weaker in general on Friday in the aftermath of a light day on the economic data and news docket.

Yen Mixed After Ruling Party Proposes Buying Stocks
The Yen is mixed on Friday after the ruling political party in Japan proposed legislation allowing the government to buy stock if conditions deteriorate to certain levels in the country.

Canadian Dollar Cannot Hold Gains After Hitting Three-Month High Against USD
It has been a volatile day for the Canadian dollar, which hit a three-month high against the greenback earlier Thursday morning.
Canadian Dollar Hits 3-Month High Against Greenback
The Canadian dollar is one of the top performing currencies Thursday hitting a 3-month high against the U.S. dollar as U.S. equities move higher.