I was on Bloomberg Television earlier today talking about the outlook for non-farm payrolls and how the dollar could react to it. For my full NFP and ECB Preview, make sure you read my special report What to Expect for ECB and Non-Farm Payrolls

Find more videos like this on www.truveo.com.

Posted in Bloomberg, Forex Technicals, ecb rate cut, forex blog, forex seasonality, non-farm payrolls 3 Comments »

Euro denominated covered bonds are securities created from either a pool of private or public sector loans. Covered bonds are similar to mortgage and asset-backed securities in many ways.
The primary difference is that the loans backing a covered bond remain on the balance sheet of the issuing bank. The bonds are therefore obligations [...]

Posted in 2009 eurusd forecasts, ECB, ecb rate cut, eur/usd 1 Comment »

ECB President Trichet does it once again. He has under delivered and postponed the inevitable. This morning, the central bank cut interest rates by only 25bp to 1.25 percent instead of the widely expected 50bp cut, sending the Euro through the roof.
Some questions immediately come to mind, which Trichet elegantly answered [...]

Posted in 2009 eurusd forecasts, Trichet, ecb rate cut, eur/usd, euro, forex blog 5 Comments »

Tomorrow the European Central Bank is expected to take interest rates to a record low of 1.00 percent. The size of their rate cut as well as the possibility of the central bank adopting “unconventional measures” should weigh heavily on the EUR/USD going into the rate decision. With the Eurozone economy deteriorating by [...]

Posted in 2009 eurusd forecasts, ECB, ecb rate cut, euro, forex blog No Comments »

There is a good chance that the EUR/USD could be headed to 1.31. In my Daily Currency focus on FX360.com yesterday, I said that the currency pair is prime for a breakout. Now that it is happened, the prospect of a rate cut by the ECB coupled with the comments from the German Finance [...]

Posted in 2009 eurusd forecasts, ecb rate cut, eur/usd 6 Comments »