Entries Categorized as 'Forex News'
December 23, 2008
To all of the readers of this blog, i wish everyone a safe and joyous holiday!
I will not be posting until Monday December 29th. During that time I will be making:
Rib Roast
Hash Brown
Sauteed Asparagus and Mushrooms
Tomato and Mozzarella Salad
Mediterranean Rice (a recipe I stole from Boris)
Cream of Potato Soup
Take one of my fun polls
Did [...]
Posted in Forex News, forex blog
14 Comments »
December 23, 2008
The US dollar appears to be unfazed by this morning’s mixed economic data. An improvement in consumer confidence has failed to help the dollar while the weaker news has pretty much been baked into the markets.
Christmas and New Years week is a time when traders are more focused on seeing family than making [...]
Posted in Crude Oil Prices, Forex News, Oil, US Dollar, US Economy, consumer confidence, consumer spending, dollar earnings, dollar recession, forex blog, gas prices, oil dollar, weak dollar earnings
5 Comments »
December 23, 2008
I have spoke often about the consequences of a strong currency. In the case of the US, the weak dollar in the first half of the year has helped to contribute to Q2 and for some Q3 corporate earnings as well. However I strongly believe that Q4 earnings will be very bad. [...]
Posted in Forex, Forex News, Forex Technicals, forex blog, retail sales
3 Comments »
December 22, 2008
It is the first trading day of what is typically the least liquid period in the financial markets. As a result, there was no consistent trading pattern in the US dollar today. The greenback weakened against the Euro but gained strength against the British pound and Japanese Yen. We still believe that the US [...]
Posted in ECB, Forex, Forex News, eur/usd, forex blog
2 Comments »
December 19, 2008
Quantitative Easing (QE) are the latest buzz words in the financial markets. It is important to become intimately comfortable with these words because they will be the catch phrase of 2009 thanks to the latest interest rate cuts by the Federal Reserve and the Bank of Japan.
What is Quantitative Easing?
Quantitative Easing is a monetary [...]
Posted in Fed Rate Cut, Fed rate hike, Federal Reserve, Forex News, forex blog, forex signals, quantitative easing
19 Comments »
Recent Comments