City National Bank FX Update http://www.cnb.com/ City National Bank's weekly FX Updates of foreign exchange trends and market activities from our Foreign Exchange experts. Copyright 2010 City National Bank | All Rights Reserved. Thurs, Sept 9 2010 08:00:00 GMT Finance 30 City National Bank FX Update http://www.cnb.com/images/ads/international.gif http://www.cnb.com/ Thurs, Sept 9 2010 08:00:00 GMT http://blogs.law.harvard.edu/tech/rss The U.S. dollar is trading modestly weaker this morning against most major currencies as most equity markets around the world are in the black. http://www.cnb.com/business/international/fxupdate.asp The big mover overnight was the Australian dollar, up 1% on better than expected employment data. Thurs, Sept 9 2010 08:00:00 GMT http://www.cnb.com/business/international/fxupdate.asp The greenback is generally lower against most major currencies on a quasi "risk-off" shift in financial markets http://www.cnb.com/business/international/fxupdate.asp What is bizarre about this is that it is really hard to see why anyone would actually see the world as any safer today. Ireland announced a decision to restructure one of its major banks and starting Sunday there will be a new regime (phased in over several years) to require higher capital ratios for banks in "good" times. Wed, Sept 8 2010 08:00:00 GMT http://www.cnb.com/business/international/fxupdate.asp Dollar is trading broadly higher against major currencies. http://www.cnb.com/business/international/fxupdate.asp The dollar is trading broadly higher against major currencies with the exception of Japanese yen this morning as European debt woes are back in the focus. Tues, Sept 7 2010 08:00:00 GMT http://www.cnb.com/business/international/fxupdate.asp The dollar is broadly trading lower against major currencies with the exception of the Japanese yen on the back of a better-than-expected August nonfarm payrolls. http://www.cnb.com/business/international/fxupdate.asp Economists forecasted losses of 105,000 jobs and the unemployment rate rising to 9.6% as a result of slower economic growth, weaker consumer confidence, slow auto sales, continued decreases in the number of government census workers, and an anemic back-to-school retail season. Fri, Sept 3 2010 08:00:00 GMT http://www.cnb.com/business/international/fxupdate.asp