Record highs in the EURUSD is something we have grown accustomed to, but a fresh 12 year low in USDJPY is something new. This move suggests that traders are suspicious of whether the Fed’s action yesterday will have a lasting impact on the financial markets. Rate cut expectations have also rebounded with the [...]

Posted in Fed Rate Cut Expectations, Forex News, Japanese Yen No Comments »

What makes today’s record breaking day in the EUR/USD particularly unique is the fact that the currency pair is now trading above the psychologically important 1.55 level.
Data wise, its been a quiet day in the currency market, but comments from European officials, the continual rise in oil prices, a drop in US credit [...]

Posted in euro No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 11:19 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Yen Rallies on Stronger GDP Report
- Eurozone Industrial Production Remains Hot
- Financial Papers Analyze Fed’s Action
- Inflation in China Hits 12 Year High
- Bank [...]

Posted in Bank of Japan, US Dollar, US Economy, USD/CAD, Wall Street Journal, china, euro 1 Comment »