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Dollar Falls as Stocks Gain

Global stock markets are on the rise today on growing speculation that the Federal Reserve and other major central banks, will continue to hold interest rates at record low levels. The dollar and the yen both fell today as investors turned their attention to equities and higher-yielding currencies as reports due later this week, are expected to show rising export orders in Taiwan and South Korea.

Bloomberg News

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Posted by Scott Boyd at 9:07 am EDT, 03/18/2010
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Forex Rates
Interest Rates

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March
18
Today’s Global
Market Events
7:30 am

USD
FOMC Member Duke Speaks
8:30 am

CAD
Foreign Securities Purchases
7.75b vs. 11.23b
USD
Core CPI m/m
0.1% vs. -0.1%
USD
Unemployment Claims
456k vs. 462k
USD
CPI m/m
0.1% vs. 0.2%
USD
Current Account
-120b vs. -108b
USD
FOMC Member Hoenig Speaks
10:00 am

USD
Philly Fed Manufacturing Index
17.6 vs. 17.6
USD
CB Leading Index m/m
0.1% vs. 0.3%
10:30 am

USD
Natural Gas Storage
-37b vs. -111b
12:45 pm

GBP
MPC Member Sentance Speaks
1:00 pm

CHF
Gov Board Member Danthine Speaks
5:45 pm

NZD
Visitor Arrivals m/m
-2.4%
10:00 pm

NZD
Credit Card Spending y/y
2.6%