The U.S. dollar fell to a 7 month low against the Japanese Yen this morning following another barrage of weak economic data. Consumer prices fell, foreign inflows decreased and the UMich consumer confidence survey dropped to the lowest level since August 2009. On FX360.com, I talked incessantly in my daily report about how [...]

Posted in 2009 japanese yen, 2009 japanese yen forecast, 2009 us dollar forecast, ECB, Japanese Yen, forex blog, usd/jpy, usd/jpy intervention 7 Comments »

Japan announced a new Prime Minister this morning - Naoto Kan. Hopefully he will have better luck than his 4 predecessors who resigned with only a year or less in service.
Resignations by Prime Ministers can have a significant impact on the country’s currency because its performance reflects investor sentiment. Forex traders typically [...]

Posted in 2009 japanese yen forecast, 2009 us dollar forecast, forex blog, usd/jpy 3 Comments »

I was on Fox Business this afternoon talking about the overstretched positions in the euro and British pound as well as the outlook for the ECB, BoE and Non-farm payrolls report
If the video doesn’t load, watch it here Kathy’s Fox Business Interview
Watch the latest business video at video.foxbusiness.com

Posted in 2009 eurusd forecasts, 2009 gbpusd forecast, 2009 us dollar forecast, dollar forecast, euro, forex blog, non-farm payrolls 1 Comment »

I was on Bloomberg TV before the rate decision talking about the outlook for the U.S. dollar. Enjoy!
Here is my Instant Insight to the FOMC Announcement.

Posted in 2009 us dollar forecast, Bloomberg, Federal Reserve 5 Comments »

I was on Fox Business this morning talking about U.S. bank’s exposure to Dubai and the significance of the whole Dubai debacle on the world
Watch the latest business video at FOXBusiness.com

Posted in 2009 us dollar forecast, forex blog 4 Comments »