The Euro has staged a dramatic recovery against the US dollar this past week and now it is trading approximately 100 pips away from its record highs. If economic data was the only thing that mattered, the EUR/USD stands a very good chance of breaking 1.60. German retail sales, unemployment and Eurozone PPI [...]

Posted in Bernanke, US Dollar, euro, euro record high, non-farm payrolls, recession 2 Comments »

Pandemonium has hit the financial markets. The dollar is trading below parity against the Swiss Franc, it has fallen to a new record low against the Euro and to a new 1995 low against the Japanese Yen.
Will the Dollar Continue to Fall?
Yes. The futures curve is currently pricing in a 90 percent chance [...]

Posted in Bank of Japan, ECB, Euro Intervention, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex News, Interest rates, Intervention, US Dollar, US Economy, US Treasuries, Yen Intervention, euro, euro record high 3 Comments »

It’s time for non-farm payrolls. Here is the preview that I posted on DailyFX.com After the first job loss in 4.5 years, the market is currently looking for the labor market to rebound modestly. We believe that this is overly optimistic, not only because most of the leading indicators for non-farm payrolls point [...]

Posted in Bernanke, Fed Rate Cut, Fed Rate Cut Expectations, US Dollar, US Economy, dollar record low, euro record high, non-farm payrolls 3 Comments »

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

 
Podcast Covers:
- Outcome of Bank of England Rate Decision
- Outcome of ECB Interest Rate Decision
- Canadian IVEY PMI Surprises to the Upside
- Oil Surges 5 Percent [...]

Posted in Bank of England, Bernanke, British Pound, Canadian Dollar, Crude Oil Prices, ECB, FX Radio, Forex Podcast, Interest rates, Trichet, US Dollar, US Economy, USD/CAD, Wall Street Journal, china, euro, euro record high, non-farm payrolls No Comments »