It’s time for non-farm payrolls. Here is the preview that I posted on DailyFX.com After the first job loss in 4.5 years, the market is currently looking for the labor market to rebound modestly. We believe that this is overly optimistic, not only because most of the leading indicators for non-farm payrolls point [...]

Posted in Bernanke, Fed Rate Cut, Fed Rate Cut Expectations, US Dollar, US Economy, dollar record low, euro record high, non-farm payrolls 3 Comments »

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

 
Podcast Covers:
- Outcome of Bank of England Rate Decision
- Outcome of ECB Interest Rate Decision
- Canadian IVEY PMI Surprises to the Upside
- Oil Surges 5 Percent [...]

Posted in Bank of England, Bernanke, British Pound, Canadian Dollar, Crude Oil Prices, ECB, FX Radio, Forex Podcast, Interest rates, Trichet, US Dollar, US Economy, USD/CAD, Wall Street Journal, china, euro, euro record high, non-farm payrolls No Comments »

The Euro hit an all time record high as ECB President Trichet keeps interest rates unchanged, remains hawkish and expresses no concern about the level of the currency. With the manufacturing and service sector continuing to expand, while retail sales and employment remain steady, there was no other logical outcome for the ECB. [...]

Posted in ECB, Trichet, euro No Comments »