FXstreet.com

Sept 17 (Reuters) - "While it was clear to us that AIG would be rescued, the details of the deal do not seem to be convincing," BNP Paribas writes in a note. The firm says the main worry is linked to the fact that the Fed loan has replaced the private sector solution. "This suggests that the balance sheet quality of AIG is less strong as hoped by JPM (JP Morgan) and GS (Goldman Sachs) or alternatively JPM and GS have found it difficult to stretch their own balance sheets by an additional $75 billion. In both cases the message to financial markets is bleak."

Reuters Messaging: rm://wanfeng.zhou.reuters.com@reuters.net

tf.TFN-Europe_newsdesk@thomsonreuters.com

cmr

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Breaking Forex News

NY Times calls on Goldman Sachs to do more than ‘$500 million breadcrumbs’
Forex Live | Sun, Nov 22 2009, 23:43 GMT

Forex: Dollar slightly up despite gold
FXstreet.com | Sun, Nov 22 2009, 23:31 GMT

Conflicting reports from Investment Banks on state of AUD market
Forex Live | Sun, Nov 22 2009, 23:07 GMT

EUR/USD leads the way lower in early trade
Forex Live | Sun, Nov 22 2009, 22:28 GMT

Chinese/US relationship is on the rocks
Forex Live | Sun, Nov 22 2009, 21:52 GMT

[ View All ]

Latest Updated Reports

Daily Global Commentary - Partisan Bickering is not the Solution for Fostering Economic Growth by Northern Trust
Sun, Nov 22 2009, 22:24 GMT

Daily Video Recap - Greenback Extends Gains Heading into Weekend by CMS Forex
Sun, Nov 22 2009, 22:21 GMT

U.S. Forex Market Commentary by GCI
Sun, Nov 22 2009, 22:11 GMT

The Trading Week - The Trading Week: Nov. 23 - Nov. 27 by AllThingsForex
Sat, Nov 21 2009, 16:33 GMT

Gold Weekly Technical Outlook by Oil N' Gold
Sat, Nov 21 2009, 08:19 GMT

[ View All ]


Interested in forex trading? forex brokerage firms!


ACM Advanced Currency Markets SA
Contact the broker/FDM
Open a demo account
MG Financial Group
Contact the broker/FDM
Open a demo account
Alpari (US), LLC
Contact the broker/FDM
Open a demo account		City Credit Capital (UK) Limited
Contact the broker/FDM
Open a demo account		GFT
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.