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For the first time in over a decade, one US dollar bought less than 100 Japanese Yen. USD/JPY dropped to a low of 99.77 in the early European trading session as news of Carlyle Group’s potential failure broke. The hedge fund has had trouble meeting its margin calls last week and now, it [...]

Posted in Crude Oil Prices, Forex News, Inflation, Interest rates, Japanese Yen, US Dollar, US Economy No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 09:14 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Dollar Falls on News that Lenders will Seize Carlyle Capital Assets
US Retail Sales Decline in Feb
Australian Employment - HOT
Fed believes US will Avoid a Deep [...]

Posted in Australian Dollar, Canadian Dollar, FX Radio, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex Podcast, Gold, Japanese Yen, New Zealand dollar, Oil, Trichet, US Dollar, US Economy, US Treasuries, USD/CAD, Yen Intervention, consumer spending, gas prices, payrolls, retail sales 1 Comment »

Consumers are feeling the pain and they just can’t take it anymore! In the face of rising food and gas prices, the only option consumers have is to drive less and to cut their grocery bills. With the average price of a gallon of regular unleaded gasoline rising from $2.99 in Jan to [...]

Posted in retail sales 1 Comment »