Entries Categorized as 'FOMC'

In the Financial Papers: Today’s Top Forex News 06.23.08

Date June 23, 2008

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 […]

Fed’s FOMC Statements Are Getting Longer and Longer

Date April 30, 2008

**Catch me on Fox Business around 8:30am ET tomorrow (May 1)
The Federal Reserve cut interest rates by 25bp to 2 percent, which was right in line with the market’s expectations. However the US dollar sold off because the market was disappointed that the central bank did not give them more. This appears to […]

Why this Could be a Temporary Bottom for the US Dollar and the Beginning of More Losses for the Euro

Date April 28, 2008

After hitting a high above 1.60, the EUR/USD has fallen over 400 pips. The failure to extend far beyond 1.60 should not be all that surprising if you have been following my posts. Last Tuesday, when the Euro broke 1.60, I pointed out that the lack of major option barriers above 1.60 suggested […]

Fed Under delivers, Cuts Rates by 75bp, Dollar Becomes 2nd Lowest Yielder

Date March 18, 2008

The Federal Reserve under delivers. The futures market was pricing in a 100bp rate cut but they cut the Fed funds and discount rates by only 75bp. Even though the US dollar has rallied on the heels of the announcement, don’t expect this strength to last because the Federal Reserve is playing a […]

Historic Move Expected from the Fed?

Date March 17, 2008

After surprising the markets with a 25bp discount rate cut on Sunday and extending the discount rate window to investment banks, the Federal Reserve is set to make another historic move by cutting interest rates 100bp tomorrow.
This would be the first time in over 23 years that the central bank has cut interest […]

5 Reasons Why the US Dollar Will Weaken Further

Date March 7, 2008

The US dollar has fallen to a record low against the Euro and an 8 year low against the Japanese Yen this past week. Here are 5 reasons why I think the weakness will continue:
1. Non-Farm Payrolls Will Continue to Fall
For 2 months in a row, jobs decreased in the US economy. I expect […]