Weekly Review and Outlook - Commodity Currencies Dumped, Dollar Rebound to Face GDP & NFP Test

Filed Under (Download Free Forex E-Books, Forex Education, Forex Market Articles, Forex News, Forex Newsletter, Forex Tools, Forex Trading Information, Forex Videos, MT4 Expert Advisors, MetaTrader 4 Indicators, Top 100 Forex Resources) by ActionForex.com on 26-07-2008

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Action Insight Weekly Review and Outlook Commodity Currencies Dumped, Dollar Rebound to Face GDP & NFP Test A coupled of themes further developed in the forex markets last week. Dollar rebounded broadly on revived speculations on a near term rate hike from Fed. Markets are now pricing in around 50% chance that Fed will hike in Sep or Oct after Fed Plosser's hawkish comments. Yen had another extremely volatile week as investors' risk appetite flip-flopped and settled sharply lower against

Home Foreclosures Up 121 Percent

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The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to Irvine, Calif.-based RealtyTrac Inc.

Best Places To Stash $$ During Downturn

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Ray Martin answered questions on that, mortgage refinancing, and kids saving for college, on The Early Show.

Problem banks: What you need to know

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The federal rescue on Friday of two more failing banks - two weeks after the high-profile seizure of IndyMac Bank - leaves many Americans wondering whether their bank is safe.

Gas dips below $4 - first time in 7 weeks

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Gas prices declined for the 9th straight day, falling below $4 a gallon for the first time in seven weeks, according to a nationwide survey Saturday by motorist group AAA.

FDIC Takes Over 2 Western Banks

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Federal banking regulators closed 28 branches of 1st National Bank of Nevada and First Heritage Bank, operating in Nevada, Arizona and California. Regulators said they will reopen on Monday as Mutual of Omaha Bank branches.

Effort to limit oil speculation stalls

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