Despite false rallies in the currency market, I have stressed that there is no reason for the liquidation to be over. I warned that the currency and stock market rallies were a mirage rather than a bottom and now, the pessimistic tone of the FOMC minutes has forced another wave of liquidation.
Tuesday’s [...]

Posted in Bernanke, Carry Trades, FOMC Minutes, Fed Rate Cut, Fed Rate Cut Expectations, Forex News, US Dollar, USD/CAD, consumer spending, eur/usd, forex blog, oil dollar, usd/jpy, weak dollar earnings 3 Comments »

Every day, equities, currency and bond traders weigh the good news with the bad to determine if they want to buy or sell.
Today, there were just as many positive reports that should have helped to stabilize the markets but has instead failed to stem the bleeding in equities and currencies.
In a [...]

Posted in Australian Dollar, British Pound, Canadian Dollar, Carry Trades, ECB, Forex News, US Dollar, USD/CAD, currency trading ranges, election dollar, euro oil, forex blog, forex trading calendar, usd/jpy 1 Comment »

The volatility that we have seen in the currency, stock and bond markets this past week has not been for the faint of heart. The Dow Jones Industrial Average fell 500 points on Monday, but instead of continuing lower over the course of the week, it staged the biggest 2 day rally in 5 [...]

Posted in Bank of Canada, Bank of England, Bernanke, Bloomberg, Currency forecasts, Dow, Durable Goods, Fed Emergency Cut, Fed Rate Cut, Fed Rate Cut Expectations, Fed rate hike, Forex, Forex News, Forex Podcast, G7 meeting, USD/CAD, dollar earnings, dollar rally, euro, fannie mae freddie mac, forex blog, usd/jpy No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 6:14 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Fed Vice Chairman Signals Pause
US Producer Prices Mixed
German PPI vs. ZEW
Australia RBA minutes indicate concerns on high inflation, growth uncertainty, hawkish stance
Bank of Japan Kept [...]

Posted in Australian Dollar, Bank of England, Bank of Japan, Bernanke, Bloomberg, British Pound, Canadian Dollar, DailyFX, Dow, FX Radio, Forex Podcast, Home Sales, Housing Market, Japanese Yen, US Dollar, US Economy, USD/CAD, Wall Street Journal No Comments »

**I will be a Featured Guest Fox Business’ Opening Bell 4/14-4/18 (9am-10am ET), so there will be no In the Financial Papers next week!
Here is the “In the Financial Papers Radio Broadcast” (Length: 7:15 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Dollar Sells [...]

Posted in British Pound, Canadian Dollar, Carry Trades, FX Radio, Forex Podcast, G7 meeting, GE, Trichet, US Dollar, US Economy, USD/CAD, china, chinese yuan, recession No Comments »