The type of moves that we have seen in the currency market during the Asian and European trading sessions are typically what we see in a quarter or a half year. USD/JPY has fallen 5 percent, AUD/USD is down more than 8.5 percent while the NZD/USD is down 7 percent. The sell-off in [...]

Posted in Bank of Japan, British Pound, Canadian Dollar, Carry Trades, Dow Futures Carry Trades, ECB, FX Radio, Fed Rate Cut, Federal Reserve, Forex News, Forex Podcast, Japanese Yen, Oil, US Dollar, US Economy, dollar intervention, dow 1907, eur/usd, euro, forex blog, oil dollar 2 Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 06:41 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Bank of Canada Cuts Interest Rates by 50bp, Says More to Come
- Reserve Bank of Australia Raises Rates by 25bp
- Is the ECB Getting [...]

Posted in Australian Dollar, Bank of Canada, Canadian Dollar, Dow Futures Carry Trades, ECB, FX Radio, Forex Podcast, Oil, Reserve Bank of Australia, US Dollar, US Economy, USD/CAD, Wall Street Journal, euro No Comments »

The Dow is down over 300 points, yet the US dollar has remained stationary against the Japanese Yen throughout the US trading session. Over the past few weeks, on DailyFX, I have talked about how the correlation between US equities and carry trades is breaking down because buying one no longer means buying the [...]

Posted in Carry Trades, Dow, Dow Futures Carry Trades, Japanese Yen No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 11:19 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:
- Bank of Japan Intervention: Is it Possible
- ECB Trichet Remains Hawkish But Don’t Expect a [...]

Posted in Bank of England, Bank of Japan, Bernanke, British Pound, Carry Trades, Dow, Dow Futures Carry Trades, FX Radio, Fed Emergency Cut, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex News, Forex Podcast, Interest rates, Intervention, Japanese Yen, Stock Market, Trichet, US Dollar, Wall Street Journal No Comments »

It will be difficult for US traders to enjoy their day off today (it’s Martin Luther
King’s day) with a complete meltdown happening in stock markets around the world. The UK’s FTSE index fell 5.48% or 323 points, the worst single day loss since 9/11 in 2001. The MSCI World Index dropped close [...]

Posted in Carry Trades, Dow Futures Carry Trades, Forex News, Stock Market, US Dollar, china No Comments »