I have written my own piece on How Oil Prices Impact the U.S. Dollar but Jens Nordvig of Nomura has an equally thorough take that is worth reading:
What does the spike in oil prices mean for the dollar?
Recent memories suggest that higher oil prices are bad news for the dollar. First, we have been [...]

Posted in 2011 dollar forecast, Federal Reserve, Oil, dollar rally, forex blog, oil dollar, oil record high 2 Comments »

Oil prices are on the rise and everyone is talking about the possibility of $100 oil. Right now, the rise in oil is accompanied by a rise in the U.S. dollar but will this relationship last? Taking a look back at the two prominent oil shocks of the past four decades (1973 and 1979) [...]

Posted in Oil, forex blog, oil dollar, oil record high 5 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 »

Oil prices are driving the currency market. Over the past 2 days, prices have increased more than $10 a barrel. As a result, the US dollar has weakened across board, particularly against the Australian and Canadian dollars. The AUD/USD even hit a new 25 year high this morning.
For the greenback, politics is [...]

Posted in Australian Dollar, Canadian Dollar, euro, oil record high No Comments »