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Archive for April, 2009

Forex – Dollar Volatility Leveraged By GDP, FOMC Decision (Forex Video) (Daily FX via Yahoo! Finance)

The US recession improves little according to 1Q release while FOMC offers dollar solace with steadily improving forecasts.Read more…  

 

FX Street – New York Session

The NY session witnessed some very mixed price action as better economic data could not calm fears about more financial woes and swine flu concerns continued to lurk. US consumer confidence jumped to a much higher than expected 39.2 in April from 26.9 prior. The expectations component also showed a marked improvement and this bodes [...]

 

Forex – Who Advertises to Rush Limbaugh Listeners?

Serious question. I can’t imagine listening to his program (play clip below) but somebody does. And, somebody advertises to those listeners so that he can feed his face and keep the power on. But, what companies are targeting the “sheep” demographic? My only guess is cash for gold companies and/or forex trading brokers. Anyone listen [...]

 

Forex – Opinion: GDP growth and interest rates dominate the NZD outlook

By Roger J Kerr As expected, the NZ dollar was not too comfortable holding on to its gains to 0.5900 and his since retreated to the 0.5500 to 0.5700 region. It is just far too early for the currency to be pricing in an economic recovery ahead of other countries. Even though the medium term [...]

 

FX Street – Weekly Policy Update – FOMC Meeting April 28-29

Weekly Policy Update – FOMC Meeting April 28-29 The April 28-29 FOMC meeting is unlikely to contain surprises in terms of new programs or expansion of existing programs. The Fed made the announcement after the March meeting to buy Treasury securities, raised the amount of agency debt and mortgage-backed securities it would purchase, and expanded [...]