fx

Bobby's Corner- Open Market 11.7.2008

Bob Slade — Fri, 07 Nov 2008 08:17:36 -0500

Good morning:

The greenback is slightly lower this morning as speculation that this morning’s employment data will be disappointing, thus spurring the need for the further rate reductions by the FED.

European Equity markets and U.S. Futures are higher this morning, while Asian markets were mixed. The markets speculate that today’s jobs report may force the FED to consider lowering interest rates further to spur the economic downturn. Speculation that there will be continued rate reductions by the world’s central banks helped rally equities overnight.

Bobby's Corner- Open Market 10.7.2008

Bob Slade — Tue, 07 Oct 2008 08:34:44 -0400

Good Morning:

SPECIAL MARKET REPORT: Is it time for the huge US rescue package? Yes it is.

Greg Michalowski — Thu, 18 Sep 2008 10:24:50 -0400

FOR PDF VERSION CLICK HERE

Is it time for a huge and meaningful US rescue package? Have the risks gotten too great for the current band aid policy to continue? The time seems right. Something has to be done to prevent further deterioration in the US financial sector.

Forex News Preview:USD/CAD RMPI and IPPI due out at 8:30 AM EDT

Greg Michalowski — Fri, 29 Aug 2008 07:44:35 -0400

Forex News Preview: US Construction Spending due to be released at 10:00 AM EDT

Greg Michalowski — Tue, 01 Jul 2008 08:07:26 -0400

Forex News Preview: US ISM Manufacturing due at 10:00 AM EDT

Greg Michalowski — Tue, 01 Jul 2008 08:04:01 -0400

Forex Trading: USDJPY trying to bottom again

Greg Michalowski — Mon, 30 Jun 2008 08:57:00 -0400

The USDJPY sold off sharply last night moving below the 50% retracement level of the last leg up and ultimately tested the 61.8 retracement level at the 104.93 level (low 104.97) before bouncing. The pair has now made it back above the 50% level at the 105.63 level and has strung together 4 straight hourly up bars (see chart below). If the pair can remain above the 105.63 level today, the bottom may be in place. All bets are off if the pair goes below the 105.37 level.

Forex this Week: Key News and Events for the upcoming week (Non PDF Version)

Greg Michalowski — Sun, 29 Jun 2008 15:47:22 -0400

Sunday Night

11:00 PM Sunday Evening: NZD Business Confidence: The indexes recent low was -57.9 in March. Since then it has recovered somewhat to -49.7. There is no estimate for the release, but the market will be eyeing the results for clues to the economy.

Monday

Forex Special Report: Eurozone Inflation - It's in the Numbers

Greg Michalowski — Thu, 05 Jun 2008 21:26:27 -0400

Today, ECB's Trichet "surprised" the market with his rate hike predicition. Is it really a surprise? If you look at the numbers, it really is not.

Read the special report on the ECB's inflaton dilemma and how they will most likely have little choice but to raise rates ahead.

CLICK ON THE PDF ATTACHMENT BELOW TO READ THE FULL REPORT

Thank you for choosing FXDD.

Greg Michalowski

Chief Foreign Exchange Analyst

Forex News: FXDD Special Report on Bernanke's Change of Heart on the US Dollar

Greg Michalowski — Wed, 04 Jun 2008 07:34:47 -0400

Chairman Bernanke's comments on the US dollar yesterday reflected a change in heart on the Fed's position on the US dollar. To print out the article, click on the PDF attachment at the bottom of the report.

Forex Analysis: The Fed's Change of Heart on the Dollar