Forex News and Rumors – Afternoon Update
Oil Falls Despite OPEC Production Cuts Despite OPEC’s cutting of over two million barrels of o...
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Quantitative Easing and the G7
Dean’s headline this morning noted that quantitative easing was something we would ...
Quantitative easing has been declared!!!-dust off Gutenberg’s printing press.
The Fed can go no further with rates. That’s it. They will now have to rely on thei...
Forex News and Rumors
Morgan Stanley Racks Up Big Losses One day after Goldman Sachs announced that it had lost $2.12 bill...
Fed Cuts Rates to 0.25 Percent
The U.S. Federal Reserve cut its benchmark rate to 0.25 percent earlier today slashing a full sevent...
Forex News and Rumors – Afternoon Update
US Dollar Falls Ahead of Expected Rate Cut The US dollar fell to its lowest point in two months toda...
Bernanke battles ‘depression’?
It’s a given that the Fed will implement the lowest borrowing cost in US history by...
Forex News and Rumors
Fed Expected to Slash Interest Rates Despite the Federal Reserve’s recent interest rate cuts t...
Forex News and Rumors – Afternoon Update
Dollar Falls on Expected Fed Rate Cut Investors drove the dollar down to $1.37 per euro on speculati...
Are the US Treasury actions just a legitimized ‘Ponzi’ scheme?
We have had 50b reasons to figure out how a ‘Ponzi’ scheme works. ItÃ...
Forex News and Rumors
US Industrial Output Fell Less Than Expected US Industrial Output was expected to fall by 0.8 percen...
Forex News and Rumors – Afternoon Update
GM to Close 20 Plants for the Month of January In response to the Senate’s blocking of Congres...
Get Your Motors Running
The headline today in Dean’s blog says it all – “RI...
R.I.P-Detroit three!
The markets are guided by ‘fear’, nothing different. Greed has put us...
Forex News and Rumors
US Retail Sales Fall 1.8 Percent Retail sales for November fell by 1.8 percent as consumers cut back...
Forex News and Rumors – Afternoon Update
Senate Republicans Scuttle US Auto Bailout Saying Not “Tough” Enough Republicans in the ...
Russia loses control, Iceland in deficit, Swiss nearing zero, Sarkozy wants stimulus-this is only a ‘technical’ recession!!!
The SNB has eased O/N rates to -0.5% this morning. The race is on to be the first Cbank to have â...
Forex News and Rumors
UK Pound Continues to Struggle Against Euro The British pound started the day on another losing note...
Forex News and Rumors – Afternoon Update
Oil Gains on Auto Bailout News The New York price for crude for January delivery rose $1.02 or 2.4 p...
A Christmas wish list…..a Job?
Where is the love? We don’t love the greenback, we don’t love equi...