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 »

It is the end of the quarter and the end to the first half of the year which has been a brutal one for many fund managers. The Dow Jones Industrial Average is down 14% since the beginning of the year and 7% since the beginning of the quarter.
As for the US dollar, since January […]

Posted in dollar record low, euro, 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: 6:47 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Saudi oil boost fails to alleviate concerns
Eurozone indicators raise stagflation fears
Fed Fund Futures Flawed?
Dollar to get No Fed Aid?
More IPOs Are Pulled Than Priced
Capital Flow […]

Posted in FX Radio, Bernanke, Fed Rate Cut, Forex Podcast, Bloomberg, euro, Federal Reserve, Crude Oil Prices, FOMC, ECB No Comments »

Since the beginning of this week, the Euro has fallen more than 500 pips against the US dollar, its biggest weekly gain in 3 years. The prospect of a rate hike by the Federal Reserve in August and/or September as well as key event risks over the next 48 hours has currency traders rushing […]

Posted in dollar intervention, G8 meeting, Intervention, G7 meeting, euro, US Dollar 1 Comment »