The jobs number for the month of June was bad but not bad enough to stifle the gains in the US dollar. Non-farm payrolls fell by 62k, the sixth consecutive decline in a row. The April number also was revised down from -49k to -62k while the unemployment rate remained at 5.5%, matching the […]

Posted in ecb rate hike, non-farm payrolls, ECB, US Dollar 2 Comments »

The Euro is rallying ahead of Thursday’s ECB monetary policy meeting telling us that the market expects ECB President Trichet to say something hawkish. A 25bp rate hike has already been discounted by currency traders, but with the annualized pace of Eurozone producer prices growing by the fastest pace on record, consumer spending in […]

Posted in ecb rate hike, euro record high, Trichet, euro, ECB 2 Comments »

We are back to the drawing board with the US dollar. Strong consumer spending and the lowest unemployment rate in 14 years could force the ECB to backtrack on their words and actually prepare the market up for more than one rate hike in the third quarter. The June consumer price index is expected […]

Posted in ecb rate hike, euro rate hike, euro, ECB, US Dollar No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 7:02 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
China’s Export Machine Threatened by Rising Costs
Business Scrambe to Offset Rising Costs of Transportation
Jobs Report will Provide Clues on Growth and Inflation
Fed’s Priority is Likely […]

Posted in Trichet, Interest rates, Bernanke, Forex Podcast, Inflation, forex blog, Fed rate hike, gas prices, Dow, FX Radio, Federal Reserve, ECB, Japanese Yen, Oil, Crude Oil Prices, Radio, Bloomberg, euro, Uncategorized No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 4:41 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Fed Sounds Inflation Alarm, Takes `Baby Step’ Toward Raising Interest Rate
Volvo to Cut 8% of Global Staff
JC Penny Slashes Opening Plans
Trichet denies Speculators Cause Oil […]

Posted in Forex Podcast, Wall Street Journal, weak dollar earnings, Fed rate hike, Kathy Lien, Bank of England, Bernanke, British Pound, Federal Reserve, Crude Oil Prices, FOMC, FX Radio, ECB No Comments »

The summer doldrums may not last for long with the Federal Reserve interest rate decision right around the corner. Over the past few weeks, many currency pairs including the EUR/USD and GBP/USD have been trading in a range as the market tries to figure out how central banks will respond to the continual rise […]

Posted in September rate hike, Fed rate hike, FOMC, Forex News, ECB, Federal Reserve, US Dollar No Comments »