I was on both CNBC and Bloomberg today talking about currencies (click on the images to watch the video):

CNBC (click on the image to watch the video)

Bloomberg (Sorry for the tiny image - click to watch the video!)

I will also be on Fox Business Thursday at 6:30am and 7:45am ET if you want to catch [...]

Posted in Bloomberg, CNBC, media 1 Comment »

The rejection of the $700B bailout plan by the House of Representatives came completely out of the left field, driving a knife through both US equities and the US dollar. For the Bush Administration, it certainly feels like they are moving one step forward and taking two steps back but the severity of [...]

Posted in Bernanke, Bloomberg, British Pound, Crude Oil Prices, Currency forecasts, FOMC, Fed Rate Cut, Fed Rate Cut Expectations, Forex News, Forex Podcast, US Dollar, VIX, bank safe, consumer confidence, euro, forex blog, us earnings, usd/jpy No Comments »

The Congressional agreement of the $700 Billion bailout plan has proved to be anti-climatic for the stock and currency markets. There was a relief rally in the US dollar Sunday evening, but it lasted for no more than a blink of an eye as more problems came knocking on the door for financial institutions. [...]

Posted in Bank of England, Bank of Japan, Bernanke, Bloomberg, British Pound, Canadian Dollar, Carry Trades, Fed Rate Cut Expectations, Federal Reserve, Forex News, Forex Podcast, Intervention, US Dollar, bank holding companies, bank safe, consumer confidence, consumer spending, dollar earnings, dollar intervention, dollar rally, euro, fed liquidity dollar, forex blog No Comments »

It is now confirmed that the US housing and labor market is in serious trouble. New home sales broke below the 500k make or break mark for the first time in 17 years. The last time we saw new home sales at these levels was during Bush Senior’s Administration. Jobless claims also [...]

Posted in Bloomberg, Forex, Forex News, Forex Podcast, LIBOR, TED Spread, forex blog, paulson dollar 3 Comments »

Here is a video of me talking about the US dollar last night with Cathy Yang of Bloomberg (click on images to access the file):

Read my Daily Currency Focus on GFTForex.com

Posted in Bloomberg, Forex Podcast, Forex TV 1 Comment »