The rejection of the $700B bailout plan by the House of Representatives came completely out of the left field, driving a knife through both US equities and the US dollar. For the Bush Administration, it certainly feels like they are moving one step forward and taking two steps back but the severity of [...]

Posted in Bernanke, Bloomberg, British Pound, Crude Oil Prices, Currency forecasts, FOMC, Fed Rate Cut, Fed Rate Cut Expectations, Forex News, Forex Podcast, US Dollar, VIX, bank safe, consumer confidence, euro, forex blog, us earnings, usd/jpy No Comments »

The dollar’s impact on US corporate earnings continue! Last night, IBM blew away Wall Street when it reported that its 2008 profit will top its previous projections. Interestingly enough more than half of their 11 percent revenue was due to currency fluctuations!

The dollar matters.
The companies that will do the best this [...]

Posted in US Dollar, US Economy, dollar earnings, ibm earnings, us earnings, weak dollar earnings No Comments »

With earning season upon us, everyone from investment banking analysts to longer term investors are scouring data on existing and new product lines for any information on this quarter’s potential sales and profits. Most likely, unless they have inside information, everyone in the market is looking at the same news releases. However, [...]

Posted in US Dollar, US Economy, us earnings, weak dollar earnings 1 Comment »

Here is the “In the Financial Papers Radio Broadcast” (Length: 10:11 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
US Mall Owners Feel the Chill in Retail
Dimming Job Outlook in US Slows Migrant Crossings
NYSE Volume Drops to Lowest This Years as Investors Wait and [...]

Posted in Bank of Japan, Bernanke, Bloomberg, Crude Oil Prices, ECB, FX Radio, Fed Rate Cut Expectations, Forex Podcast, G7 meeting, Japanese Yen, Trichet, US Economy, Wall Street Journal, consumer spending, recession, us earnings No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 06:04 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Dollar Fluctuations Make Traders Whisper `I’ Word as Group of Seven Frets
Federal Home Loan Banks May Buy $100 Billion of Mortgage-Backed Securities
Wall Street Firms Eliminate [...]

Posted in Bloomberg, ECB, Euro Intervention, FX Radio, Fed Rate Cut, Federal Reserve, Forex Podcast, Goldman Sachs, Intervention, Lehman Layoffs, Saudia Arabia dollar peg, Stock Market, Trichet, US Dollar, US Economy, Wall Street Journal, euro, us earnings No Comments »