It’s time to shift our focus to Friday’s non-farm payrolls report.
Tomorrow we are expecting a number of leading indicators for non-farm payrolls including:
1. Challenger Layoff report
Last month, layoffs increased 19%
2. ADP employment survey
Last month, ADP grossly overstated private sector payroll growth. They called for a rise of 126k. For Feb, they [...]

Posted in ISM Services, ISM manufacturing, US Dollar, non-farm payrolls No Comments »

In the currency market, it is not about what you have done but what you plan on doing in the future that matters, which is why both the Australian and Canadian dollars sold off after the monetary policy meeting.
Interest rates in Australia are now at a 12 year high, but that did not prevent [...]

Posted in Australian Dollar, Bank of Canada, Reserve Bank of Australia No Comments »

Money Show released another video that I did with them on MSN money. Topic this time is “How the Weak Dollar Helps”
Click on the image to access the video
How a Weak Buck Helps
Here’s another one I did at the Money Show about buying the Yen and Aussie

Posted in media No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 06:41 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Bank of Canada Cuts Interest Rates by 50bp, Says More to Come
- Reserve Bank of Australia Raises Rates by 25bp
- Is the ECB Getting [...]

Posted in Australian Dollar, Bank of Canada, Canadian Dollar, Dow Futures Carry Trades, ECB, FX Radio, Forex Podcast, Oil, Reserve Bank of Australia, US Dollar, US Economy, USD/CAD, Wall Street Journal, euro No Comments »