Bank earnings, oil prices and diversification are driving the dollar this morning. The big question is whether the problems with Fannie Mae, Freddie Mac and IndyMac have extended to JPMorgan, Merrill Lynch and Citigroup.
Although JPMorgan reported a 53 percent drop in profit, their decline was less than the market expected. Merrill Lynchhowever may [...]

Posted in Bernanke, Sovereign Wealth Funds, forex blog No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 6:00 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Countrywide plunges to $893m loss
Deutsche falls to first loss in five years - Job Cuts?
Fed set for further cut in rates
Saudis to launch $5.3bn sovereign [...]

Posted in Bernanke, Bloomberg, British Pound, Crude Oil Prices, ECB, FX Radio, Fed Rate Cut, Fed Rate Cut Expectations, Forex Podcast, Housing Market, Inflation, Saudia Arabia dollar peg, Sovereign Wealth Funds, Trichet, US Dollar, US Economy, Wall Street Journal, consumer spending, non-farm payrolls, retail sales, weak dollar earnings No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 07:41 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- US Producer Prices: Fastest Pace of Annualized Growth Since 1981
- German IFO Report Improves, Reflecting Increased Business Confidence
- ECB Orphanides: Eurozone has ducked US [...]

Posted in Bloomberg, Existing Home Sales, FX Radio, Fed Rate Cut Expectations, Forex Podcast, Housing Market, Interest rates, Japanese Yen, New Zealand dollar, Sovereign Wealth Funds, US Dollar, US Economy No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 08:15 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- British Pound Bottoms out on UK retail sales
- What to Expect for Canadian retail sales tomorrow
- Is the US Economy in Stagflation?
- US Rates [...]

Posted in BKTrader FX, Bank of England, British Pound, Crude Oil Prices, DailyFX, ECB, FOMC Minutes, FX Radio, Fed Rate Cut, Fed Rate Cut Expectations, Forex News, Forex Podcast, Housing Market, Interest rates, Japanese Yen, Sovereign Wealth Funds, Trichet, US Dollar, USD/CAD, Wall Street Journal, euro, payrolls, retail sales, us earnings No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 05:45 minutes), all the news relating to the foreign exchange market. The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- US Consumer Prices and Treasury International Capital Flow Exceed Expectations
- Sovereign Wealth Fund Investments is [...]

Posted in FX Radio, Fed Rate Cut Expectations, Forex Podcast, Inflation, Sovereign Wealth Funds, US Economy, Wall Street Journal, recession, retail sales No Comments »