As you may know, I am a HUGE fan of the public radio show this American Life with Ira Glass.

In this week’s broadcast, he invites two NPR commentators to talk about the economy and the financial crisis.
In this week’s broadcast, he invites two NPR commentators to talk about the following:
1. How did it [...]

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It has been an extremely volatile day in the currency markets with big figures (100 pip) moves in USD/JPY happening in a blink of an eye. The more than 4 percent decline in USD/JPY is the largest single day percentage drop in close to 10 years. The degree of the moves that we [...]

Posted in ECB, FX Radio, Fed Rate Cut, Federal Reserve, Forex News, Forex Podcast, Japanese Yen, US Dollar, euro, forex blog 1 Comment »

The US’ $700B bailout plan will not do the trick - at least that’s how the currency market feels this morning. Deleveraging or the liquidation of risk is happening on a global scale as investors question if guaranteeing funds and bailing out banks are the right prescriptions for the credit crisis. Every single [...]

Posted in ECB, Fed Rate Cut, Federal Reserve, Forex News, Forex Podcast, US Dollar, US Economy, forex blog 3 Comments »