UWC Currency - page 6

 

25.08.10

Stock markets plunge

on US housing datas

Oil prices down to

USD 71

Gold and USD again

seen as "safe" havens

 

26.08.10

Nervous markets fear

double dip recession

EURO/USD stabilizes

on 1,27

Gold and silver

sky-rocket

 

27.08.10

World central bankers

to discuss growth and

currency perspectives

US and EU differ on

strategy and outlook

Oil recovers slightly

Gold stays strong

 

30.08.10

Japanese Central Bank pumps

100 trillion YEN into system

in effort to weaken currency

Asian markets soar in

expectation of weaker YEN

Australian Dollar strengthens

OIL prices back

on USD 75 level

 
 
 
 

06.09.10

Better US job numbers

create new optimism

Double dip recession

seems to be avoided

Gold climbs to all

time high USD 1249

EURO strengthens

towards USD: 1,30

 

07.09.10

YEN continues

strengthening

Bank of Japan decides

to not intervene

EURO weakens on

banking rumours

 

08.09.10

The Japanese economy shows signs of gradual recovery.

YEN rallies to 15 years high against USD.

Gold breaks new records and reaches USD 1259.

Turbulence continues with falling Asian markets due to the strong YEN.

Today the Federal Reserve will publish its report on current economic conditions (Beige Book).

Reason: