British Pound: UK Housing Market Problems Worsen

Date April 2, 2008

** I miss everyone’s emails and comments. If you agree with me or even if you don’t, feel free to drop me an email or better yet, comment on the posts!
Last week, I indicate that the British pound could break 2.0 if disaster hits UK mortgage lenders. The currency is now trading below [...]

Bernanke Warns of Slower Growth, ADP Rebounds but Watch Out for Accuracy

Date April 2, 2008

The currency market is failing to react to Bernanke’s comments which suggest that if we have a stronger non-farm payrolls number on Friday, we could see a serious bottom in the US dollar.
The ADP employment report for the month of March was much stronger than expected. However I am skeptical of the accuracy [...]

In the Financial Papers: Today’s Top Forex News 04.02.08

Date April 2, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 06:02 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
WestLB Has $2.5 Billion Loss on Subprime-Related Writedowns, Impairments
U.S. Companies Unexpectedly Increased Payrolls by 8,000 in March, ADP Says
Toyota feels the Pinch
China’s Hot Growth is [...]