In the Financial Papers: Today’s Top Forex News 07.15.08

Date July 15, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:47 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
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In the Financial Papers:

 
Podcast Covers:
Fannie, Freddie Tumble on Concern U.S. Rescue Will Sacrifice Shareholders
Dollar Drops to Record Low
Retail Sales, Producer Prices
Mortgage Insurers Raise the [...]

Dollar Falls to Record Low: Bernanke, Please Save Us!

Date July 15, 2008

The US dollar fell to a record low against the Euro as traders around the world grow increasingly worried about the health of Fannie Mae, Freddie Mac and the overall US banking sector.

(Source: My Technical Analyst Jamie Saettele at DailyFX.com)
The collapse in the dollar today is entirely due to risk aversion and flight to safety [...]