Since the beginning of the week, I have warned of a potential dollar rally. At the time, we were basing our argument primarily on the flip in the FXCM Speculative Sentiment Index, technicals and a turn in Eurozone economic data.
However now we can add to that list a turn in US economic […]

Posted in ECB, US Dollar 2 Comments »

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Posted in BKTrader FX 2 Comments »

To the relief of dollar bulls, US corporations cut only 20k jobs in the month of April compared to the market’s -75k expectations. The unemployment rate also dropped from 5.1 to 5.0 percent, triggering a widespread dollar rally. The better than expected NFP number will help to confirm the near term bottom in the US […]

Posted in non-farm payrolls, Layoffs, US Dollar No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 6:46 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Non-Farm Payrolls Fall by 20,000 in April; Unemployment Rate Unexpectedly Falls to 5%
Fed Raises Emergency Auctions to $75 Billion to Counter Liquidity Shortage
Euro’s Bull Run […]

Posted in US Economy, Fed Rate Cut, Wall Street Journal, Forex Podcast, non-farm payrolls, Bernanke, FX Radio, Crude Oil Prices, payrolls, Canadian Dollar, euro, Bloomberg, US Dollar No Comments »