US consumer prices dropped 1 percent last month, taking the annualized pace of growth to 3.7 percent, which is the lowest level since October 2007. Falling oil prices takes the credit for lower inflationary pressures with gasoline prices tracking the 50 percent decline in crude. Gas station receipts fell a whopping 14 percent [...]

Posted in Bernanke, FOMC Minutes, Fed Emergency Cut, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex News, Forex Trading Expo, Japanese Yen, US Dollar, US Economy, forex blog No Comments »

The volatility that we have seen in the currency, stock and bond markets this past week has not been for the faint of heart. The Dow Jones Industrial Average fell 500 points on Monday, but instead of continuing lower over the course of the week, it staged the biggest 2 day rally in 5 [...]

Posted in Bank of Canada, Bank of England, Bernanke, Bloomberg, Currency forecasts, Dow, Durable Goods, Fed Emergency Cut, Fed Rate Cut, Fed Rate Cut Expectations, Fed rate hike, Forex, Forex News, Forex Podcast, G7 meeting, USD/CAD, dollar earnings, dollar rally, euro, fannie mae freddie mac, forex blog, usd/jpy No Comments »

The US dollar fell to a record low against the Euro as traders around the world grow increasingly worried about the health of Fannie Mae, Freddie Mac and the overall US banking sector.

(Source: My Technical Analyst Jamie Saettele at DailyFX.com)
The collapse in the dollar today is entirely due to risk aversion and flight to safety [...]

Posted in Bernanke, Fed Emergency Cut, Fed Rate Cut, Fed Rate Cut Expectations, Inflation, US Dollar, retail sales 1 Comment »

Here is the “In the Financial Papers Radio Broadcast” (Length: 06:14 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Has the Federal Reserve Done Enough, if not What are their Other Options?
Bank of England Could Cut Interest Rates Again
WSJ: Clinton Fears Japan-Style Problems > [...]

Posted in Bank of England, British Pound, Canadian Dollar, ECB, FX Radio, Fed Emergency Cut, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex News, Forex Podcast, Japanese Yen, Trichet, US Dollar, Wall Street Journal, Yen Intervention No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 05:46 minutes), all the news related to the foreign exchange market. The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- US House Prices Fall to New Low, but Durable Goods Shoot Higer
- Does Australia Need [...]

Posted in Australian Dollar, Bank of England, Bank of Japan, Canadian Dollar, Durable Goods, FX Radio, Fed Emergency Cut, Fed Rate Cut, Fed Rate Cut Expectations, Forex Podcast, Intervention, Japanese Yen, US Dollar, US Economy, retail sales No Comments »