Everyone is talking about the Baltic Dry Index these days so I figured I might as well chime in. On Wednesday, I actually wrote about the sharp decline in the BDI for my daily report at GFT Forex but since then, the sell-off has worsened.
What is the Baltic Dry Index?
The Baltic [...]

Posted in Baltic Dry Index, Fed Rate Cut, Federal Reserve, Forex News, US Dollar, US Economy, euro, forex blog 4 Comments »

Gold and Oil prices are plunging, triggering a 400 pip slide in the Canadian dollar from Friday’s high, a 300 pip drop in the Austrailian dollar and a 200 pip decline in the New Zealand dollar.
Could the commodity currencies fall further? Yes.
According to the Baltic Dry Index charts below, commodity prices [...]

Posted in Australian Dollar, Baltic Dry Index, Canadian Dollar, Carry Trades, New Zealand dollar 4 Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 08:05 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Euro-US Economies are Re-coupling
- Why the European Central Bank must cut rates
- Canadian Retail Sales Miss Expectations
- Gold nears $1,000 as stagflation fears grow
- [...]

Posted in Australian Dollar, Baltic Dry Index, Bank of Japan, Bernanke, Canadian Dollar, Carry Trades, ECB, FX Radio, Fed Rate Cut, Forex Podcast, Japanese Yen, Trichet, US Dollar, US Economy, USD/CAD, Wall Street Journal, us earnings No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 08:40 minutes), all the news related to the foreign exchange market. The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Markets Rise Ahead of Plans for Stimulus Package
- US Leading Indicators Fall more than Forecast
- [...]

Posted in Baltic Dry Index, Bernanke, British Pound, Carry Trades, ECB, FOMC, FX Radio, Fed Rate Cut Expectations, Forex News, Forex Podcast, GM Layoffs, Lehman Layoffs, Trichet, US Dollar, US Economy, Wall Street Journal, consumer spending, euro, recession No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 07:48 minutes), all the news relating to the foreign exchange market. The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Dollar Continues to Slide as US Retail Sales and PPI Growth Turn Negative
- Merrill Lynch [...]

Posted in Australian Dollar, Baltic Dry Index, Bernanke, Bloomberg, Canadian Dollar, Carry Trades, Citigroup Layoffs, FX Radio, Fed Rate Cut Expectations, Federal Reserve, Forex Podcast, Gold, US Dollar, US Economy, Wall Street Journal, euro, recession, retail sales No Comments »