There is no question that the US labor market is deteriorating. Non-farm payrolls fell by -84k last month, driving the unemployment rate to a 5 yeer high of 6.1 percent. However what made FX traders really sell the dollar was the jump in the unemployment rate and the revisions. The US government […]

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We are excited to announce that we have joined GFT!
Here is the press release that provides information:
GFT Hires Currency Strategists Kathy Lien and Boris Schlossberg
Last update: 12:04 p.m. EDT Aug. 18, 2008
ADA, Mich., Aug 18, 2008 /PRNewswire via COMTEX/ — GFT, worldwide leaders in online trading, announced the addition of Kathy Lien and Boris Schlossberg […]

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

The burden of high energy prices and a weak labor market has sent consumer confidence to the lowest levels in 16 years. Top that off with the fact that the Dow cracked the March lows this morning and the Fed’s deliberation today and tomorrow should heat up. Bernanke will need to walk fine […]

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I am headed out to California to speak at a conference of Investment Advisors. Therefore I will be out of the office until Friday.
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I will be out of the office on Thursday and Friday. You’ll catch me soaking up some sun and doing some BKTRADER work from the beach with a pina colada =)
We had 2 trades this week at BKT, an AUDCAD trade that banked us 211 pips and a EURUSD trade that was +52 […]

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