I was on Fox Business earlier this afternoon talking about what could turn the dollar around.
Watch the latest business video at FOXBusiness.com
Here is a chart showing how G7/G8 (which is now G20) finance ministers and central bankers meeting has coincided with major tops and bottoms in the EUR/USD. I’ll have more on that soon [...]

Posted in 2009 us dollar forecast, Forex, US Dollar, euro, forex blog, weak dollar earnings 14 Comments »

The US dollar appears to be unfazed by this morning’s mixed economic data. An improvement in consumer confidence has failed to help the dollar while the weaker news has pretty much been baked into the markets.
Christmas and New Years week is a time when traders are more focused on seeing family than making [...]

Posted in Crude Oil Prices, Forex News, Oil, US Dollar, US Economy, consumer confidence, consumer spending, dollar earnings, dollar recession, forex blog, gas prices, oil dollar, weak dollar earnings 5 Comments »

Tuesday’s FOMC meeting will be remembered for decades to come as the Federal Reserve brings interest rates down to the lowest level this generation has ever seen. With 2 realistic options on the table and economist and traders divided on how much the Fed will cut interest rates, the only certain outcome is significant [...]

Posted in Bernanke, FOMC, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex News, US Dollar, forex blog, recession, usd/jpy, weak dollar earnings, zero interest rates 4 Comments »

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 »

Here is the “In the Financial Papers Radio Broadcast” (Length: 4:41 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Fed Sounds Inflation Alarm, Takes `Baby Step’ Toward Raising Interest Rate
Volvo to Cut 8% of Global Staff
JC Penny Slashes Opening Plans
Trichet denies Speculators Cause Oil [...]

Posted in Bank of England, Bernanke, British Pound, Crude Oil Prices, ECB, FOMC, FX Radio, Fed rate hike, Federal Reserve, Forex Podcast, Kathy Lien, Wall Street Journal, weak dollar earnings No Comments »