Burger King’s decision this week to raise the price of a double cheeseburger from $1 to $1.19 and to remove one slice of cheese from the double cheeseburger on its dollar menu (they now call it the BK Dollar Double) is a perfect example of the dilemma that major U.S. corporations are dealing with in [...]

Posted in Inflation, forex blog 2 Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:47 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
Read my Daily report on DailyFX.com
In the Financial Papers:

 
Podcast Covers:
Fannie, Freddie Tumble on Concern U.S. Rescue Will Sacrifice Shareholders
Dollar Drops to Record Low
Retail Sales, Producer Prices
Mortgage Insurers Raise the [...]

Posted in Bank of England, Bank of Japan, Bernanke, Bloomberg, British Pound, Dow, ECB, FX Radio, Fed Rate Cut, Federal Reserve, Forex Podcast, Inflation, Japanese Yen, Oil, US Dollar, consumer spending, dollar record low, euro, forex blog, oil record high 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: 6:01 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
Read my Daily report on DailyFX.com
In the Financial Papers:

 
Podcast Covers:
Canadian Dollar Skyrockets After Housing Market Numbers and Oil
Geopolitical Tensions Weigh on Euro - Iran tests missiles
Trichet Reminding the Markets [...]

Posted in Australian Dollar, Bernanke, Bloomberg, British Pound, Canadian Dollar, Crude Oil Prices, ECB, FX Radio, Forex Podcast, Inflation, Japanese Yen, Oil, Trichet, US Dollar, Wall Street Journal, euro rate hike, forex blog 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 »