Why has the rally in the EUR been so lackluster? Because there are a still 4 3 more hurdles to overcome before we can put the Greek debt crisis behind us.
The Greeks have jumped over 2 hoops on their own with one more expected to be cleared once the Greek implementation vote is completed [...]

Posted in eur/usd, euro, euro oil, euro rate hike, euro sovereign debt crisis 2 Comments »

Over the past year, the German-US 10 year yield has been a fantastic leading indicator for the EUR/USD. Following Trichet’s latest comments, the spread has soared which in turn points to further gains in the EUR/USD!

Posted in 2011 euro forecast, ECB, ecb rate hike, euro rate hike 2 Comments »

The EUR/USD ripped higher after ECB President Trichet telegraphed a possible rate hike next month. The rise in oil prices has hit a cord with the central bank, prompting them to step on the accelerator and get moving with curbing inflation pressures. Not only did Trichet use the magic words “strong vigilance,” [...]

Posted in ECB, ecb rate hike, euro oil, euro overvalued, euro rate hike, euro record high, forex blog 5 Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 6:01 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
Read my Daily report on DailyFX.com
In the Financial Papers:

 
Podcast Covers:
Canadian Dollar Skyrockets After Housing Market Numbers and Oil
Geopolitical Tensions Weigh on Euro - Iran tests missiles
Trichet Reminding the Markets [...]

Posted in Australian Dollar, Bernanke, Bloomberg, British Pound, Canadian Dollar, Crude Oil Prices, ECB, FX Radio, Forex Podcast, Inflation, Japanese Yen, Oil, Trichet, US Dollar, Wall Street Journal, euro rate hike, forex blog No 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, US Dollar, ecb rate hike, euro, euro rate hike No Comments »