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 »

I was in New Jersey this weekend and was amazed to see gas prices at $1.89 a gallon! Sometimes reality doesn’t set in until you venture outside of the Big Apple because at the Mobile Station on the corner of the West Side Highway and Canal Street in NY, a gallon is still selling [...]

Posted in Forex, Forex News, Oil, forex blog, gas prices, oil dollar 1 Comment »

With Hurricane Gustav being downgraded to a tropical depression, the Hurricane Premium is off the table. Oil prices have plunged more than $10 a barrel since Friday with $100 a barrel now within striking distance. The rally in the US dollar is a direct result of the fall in oil prices. Since [...]

Posted in Canadian Dollar, Crude Oil Prices, ECB, Forex News, Oil, US Dollar, US Economy, consumer spending, dollar rally, eur/usd, forex blog, gas prices No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 7:02 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
China’s Export Machine Threatened by Rising Costs
Business Scrambe to Offset Rising Costs of Transportation
Jobs Report will Provide Clues on Growth and Inflation
Fed’s Priority is Likely [...]

Posted in Bernanke, Bloomberg, Crude Oil Prices, Dow, ECB, FX Radio, Fed rate hike, Federal Reserve, Forex Podcast, Inflation, Interest rates, Japanese Yen, Oil, Radio, Trichet, Uncategorized, euro, forex blog, gas prices No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 4:14minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
US Retail Sales Increase More than Expected
Japan to Raise Meat Prices as Corn Boosts Feed Costs
ECB Tells Market Rate Hike Likely to be One-Off
The topics at [...]

Posted in Bank of Japan, Bernanke, Bloomberg, ECB, FX Radio, Federal Reserve, Food prices, Forex News, Forex Podcast, Forex TV, Inflation, Trichet, US Dollar, US Economy, Wall Street Journal, gas prices, retail sales 1 Comment »