It has been a week now since the Bear Stearns collapse and the Federal Reserve decision to bail them out and lower rates by 75 basis points. Now what??? We see that Oil is starting to head back up and that the rally that we had in the markets were short and sweet. The dollar [...]
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Posted in Carry trade, Commodities, ECB, Economics, Euro, Fed, Gold, Japanese yen, U.S. dollar, tagged ben bernanke, Carry trade, dollar, economy, Euro, Federal Resereve, interest rate, rate cut, usd, yen on March 17, 2008 | 1 Comment »
Well, maybe while you were getting ready for bed. The Federal Reserve Bank decided to make an emergency move this evening and cut the bank lending rate to 3.25 percent from the 3.50 percent it was at earlier. This move made by the Fed was meant to “try” and create some stability in the financial [...]
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Posted in ECB, Economics, U.S. dollar, U.S. stocks, tagged dollar, ECB, Euro, federal reserve, interest rates, monetary policy, usd on March 11, 2008 | No Comments »
The Federal Reserve moved today to add liquidity to the markets by announcing a series of actions with other central banks to help improve liquidity and lending for the markets. The Fed are taking this coordinated action without cutting interest rates due in part of rising inflation. US markets showed instant gratification in pre-market [...]
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Posted in Canadian dollar, Economics, Euro, U.S. dollar, tagged dollar, Economics, Euro, G7, group of seven, loonie on February 11, 2008 | No Comments »
The Group of Seven (G7) nations - France, Germany, Italy, Canada, Japan, United Kingdom, United States of America - met this weekend. The finance ministers of these countries meet a few times a year to discuss their own, and the global, economy.
Sometimes this is a bigger event than other times. For example, many months [...]
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Monday’s InvestoolsFX audio commentary
Posted in Audio commentary, Australian dollar, Commodities, Economics, Euro, Fed, Japanese yen, Price patterns, U.S. dollar on April 14, 2008 | No Comments »
Monday 04/14/08
Currency trading end of last week into this week is like the Abbet and Costello “Who is on first and what’s on second” bit, confusing and violent.
G7 Language was purposefully vague not referencing China’s currency but general currency fluctuations- market tried to anticipate intervention action which caused more violent price action overnight and through [...]
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