According to the latest data from Treasury, foreign investors were net sellers of U.S. dollars. The Madoff scandal led to a tremendous amount of liquidation by hedge funds in the Caribbean and Luxembourg but we have our eye on China. The Asian Giant continues to be a net buyer of dollar denominated investments, albeit [...]

Posted in china, chinese yuan, forex blog 3 Comments »

**Update: As of 11:30am ET, Geithner is confirmed as Treasury Secretary
In his confirmation hearing with the Senate Finance Committee, Treasury Secretary Nominee Tim Geithner said that a “strong dollar is in America’s National Interest.” As potential Treasury Secretary, we expected Geithner to adopt the stance of his predecessors, which is to pay lip [...]

Posted in chinese yuan, forex blog 9 Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:04 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

Posted in Australian Dollar, Bank of England, Bank of Japan, Bernanke, Bloomberg, British Pound, FX Radio, Fed rate hike, Forex, Forex Podcast, Interest rates, Reserve Bank of Australia, Trichet, US Dollar, Wall Street Journal, chinese yuan, consumer spending, ecb rate hike No Comments »

**I will be a Featured Guest Fox Business’ Opening Bell 4/14-4/18 (9am-10am ET), so there will be no In the Financial Papers next week!
Here is the “In the Financial Papers Radio Broadcast” (Length: 7:15 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Dollar Sells [...]

Posted in British Pound, Canadian Dollar, Carry Trades, FX Radio, Forex Podcast, G7 meeting, GE, Trichet, US Dollar, US Economy, USD/CAD, china, chinese yuan, recession No Comments »