US Fed to announce it is printing bundles of money

major hedge fund selling US dollars on the idea that the Fed will announce quantitative easing at the Wednesday FOMC Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookWhat’s Happening This Morning: Initially the lack of consensus at G20 was dollar...

Foreign exchange traders buying euros have created a breakout

Foreign exchange traders buying euros have created breakout to the upside is the real deal and it can extend to 1.3300 Foreign Exchange - Currency OutlookHope springs eternal in the human heart. Stocks are rising everywhere--maybe the crisis is over. Such a view accepts...

Obama plans is what is driving the stock market downward

Obama plans is what is driving the stock market downward Foreign Exchange - Currency OutlookWe get the service sector PMI for the US today, presumably to show a similar contraction as the eurozone and at a fast...

we can't see a reason why foreign exchange traders would be buyin

we can't see a reason why foreign exchange traders would be buying euros before it goes lower. Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US Dollar Exchange Rate had a good day yesterday despite equities stabilizing. The euro rate started the day...

Australian Dollar got a boost from the Reserve Bank decision not

Australian Dollar got a boost from the Reserve Bank decision not to cut rates Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US dollar exchange rate put in a big gain across the board...

the US dollar is prettiest pig in the herd

the US dollar is prettiest pig in the herd Foreign Exchange - Currency OutlookThis week we get more data than we can possibly absorb or understand, let alone put into perspective. We get the ISM report for both manufacturing and services, personal income, NAR Home sales,...

we still have massive problems in the US that could derail the st

we still have massive problems in the US that could derail the stock market and fuel greater fear - rational fear, not irrational Foreign Exchange - Pounds Sterling and Euro Exchange Rate OutlookThe US budget deficit will be $1.75 trillion, and that the US dollar did not...

We wonder if confidence in the UK government is coming back

We wonder if confidence in the UK government is coming back Foreign Exchange - Currency OutlookThe US Dollar Exchange Rates made a solid gain yesterday against the euro and this spilled over to other currencies as well. The euro rate made an overnight high at 1.2900 but...

We wouldnt touch a new Foreign Exchange position with a bargepole

We wouldn’t touch a new Foreign Exchange position with a bargepole Foreign Exchange Outlook : Politics is playing a big but unmeasurable part in the FIFO recovery scenario that underlies the US Dollar recovery story. The NKS writes today that "Expectations for the...

Europe just starting to feel the pain already much in evidence in

Europe just starting to feel the pain already much in evidence in the UK and US Foreign Exchange Outlook : The market is flirting with a return to risk appetite that is most visible in price rises in some commodities (copper, oil) as well as equities. At the same time,...

Net-net, the US dollar Rate is at or near a turning point. It seems to be hol...

Net-net, the US dollar Rate is at or near a turning point. It seems to be holding ground against the euro, pound and yen Foreign Exchange Outlook : We get the US service sector PMI this morning, probably a drop to 47 from 50.2 in Sept for the 6th drop in 10 months, according...

Oil traders think it will go well under $50

Oil traders think it will go well under $50 The Nov NYMEX Crude Oil futures contract rose to $71.85 at the close on Friday after $69.85 the day before, but events are racing ahead. OPEC will hold its meeting early on Oct 24 and announce a cut of 1-2 million barrels per day,...

The dollar could dive a lot early in the week, especially if oil rallies as i...

The dollar could dive a lot early in the week, especially if oil rallies as it appears likely to do Foreign Exchange Outlook : The US may have lost some of the shine off its FIFO standing by having dithered a little, with Paulson changing his mind about direct investment in...

Why are the ECB and the Euro Exchange Rates not being punished for foolish po...

Why are the ECB and the Euro Exchange Rates not being punished for foolish policy choices? Foreign Exchange Outlook : The IMF chief economist said this is the greatest shock since the 1930’s but should not turn into another Great Depression because the policy response this...

The financial sector crisis is bad enough but a stock market meltdown is more...

The financial sector crisis is bad enough but a stock market meltdown is more than symbolic—it’s true wealth destruction. Foreign Exchange Outlook : G7 will meet starting this Friday but it seems sensible to...

closeSign in to NowPublic

is reporting from