Forex News and Rumors – Afternoon Update
Swiss Franc Declines as SNB Sells Currency The Swiss franc continued to lose against the euro after ...
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Is this a ‘Swiss Melt’ policy?
The Swiss are deliberately weakening their own currency after yesterday’s rate and quantitativ...
Forex News and Rumors
US Trade Deficit Falls to $36 Billion Lower crude oil prices combined with waning demand for importe...
More Clarity Needed on Bank Stress Tests
Over the past few weeks there has been a great deal of noise about the future of banking in America,...
Forex News and Rumors – Afternoon Update
US Household Net Worth Plunges The Federal Reserve said today that household net worth has fallen fo...
Is Citi insolvent? Playing politics leading us astray?
Pandits e-mail excluded Citigroup’s write-down! Wow, so if Citi does report a negat...
Forex News and Rumors
Claims for New US Unemployment Benefits Surge The US Labor Department reported today that new claims...
Obama Reaches Out Prior to the G20 Meeting
If comments coming out of Europe today are any indication, the upcoming G20 finance ministers meetin...
Forex News and Rumors – Afternoon Update
Obama Rallies the Troops for Upcoming G20 Meeting In an effort to diffuse recent tensions between th...
The shenanigans at Citi! Do we not learn?
Is this a bear market rally or is the tide changing? The market is putting its faith on a leaked int...
Forex News and Rumors
China’s Exports Down 25% China’s exports – critical to sustaining the country̵...
Forex News and Rumors – Afternoon Update
Citigroup Profit Spurs Market Recovery Financial stocks powered a 300-point rally on Wall Street tod...
Will Asian indices change our negativity?
Consumer confidence and good old fashion greed will save the day, not a ‘falling off a...
Forex News and Rumors
IMF Warns of Global Recession The International Monetary Fund (IMF) has issued a forecast indicating...
Quantitative Easing – G7 Prepares to Fire Up the Presses
In December of last year I wrote about the difficulties associated with managing economies when inte...
Forex News and Rumors – Afternoon Update
Pound Drops Below $1.40 A steep decline in bank shares added to the downward pressure on sterling to...
Is this a Recession or Depression?
When does this recession become a depression? Is it when US GDP is greater than -10%? This slowdown ...
Forex News and Rumors
Japan’s Current Account Records First Deficit in 13 Years Japan’s Current Account defici...
Forex News and Rumors – Afternoon Update
Markets Bounce on US Unemployment News Despite early advances, Wall Street turned red today before e...
Unemployment Rate reaches 8.1%
The NFP report drove the US Unemployment numbers to a 8.1% rate, this is the highest rate since 1983...