Bernanke gives the dollar a boost with rate talk
An interesting way to talk up the USD and appease some G20 members, get ‘helicopterÃÂ...
The Fed is prepared to hike rates
The Fed is prepared to tighten monetary policy when the outlook for the economy 'has improved suffic...
Oil settles above $71
The weak US Dollar has given way to a move to riskier assets and commodities boosted by the unexpect...
Britain Overtakes US as Worlds Top Financial Center
The real surprise was Australia, who jumped 9 places to finish second, one place ahead of the United...
Asian Banks Continue to Intervene on Behalf of the US Dollar
This is beginning to be a recurring trend in the foreign exchange market. Asian Banks continue to in...
European Central Bank Press Conference
The ECB has released its transcripts from the Press Conference held this morning, where Jean-Claud...
US Retail Sales Rise in September
The release was unexpected as analysts had forecasted a 2.4% decline in sales. Discount stores and V...
US Jobless claims hit 8-month low
The expected number was higher than the actual release, which was explained by a decline in new clai...
Gold Rallies to Record Highs
As the US Dollar continues to weaken, the precious metal is expected to continue to climb. Go...
Canadian Housing Starts Fall in September
The Canadian Housing numbers in August were revised upwards making the fall more steep, when in fa...
Eurozone interest rate held at 1%
The ECB kept rates unchanged at 1.00% in a decision that was expected by the majority of market pa...
ECB on hold
As expected, the ECB kept rates at a record low (+1.00%) this morning. Policy makers are weary of a ...
Predictable King-Trichet
Is it deflation or inflation we are worried about? Speculators and the masses fear inflation. Price ...
Where is your ‘double-dip’ now Roubini? Greed got us into this mess and greed is getting us out and into another bubble!
It feels like the perfect storm is brewing. Speculation that 3rd Q earnings will hit the jackpot has...
Reverse Mortgages to be Next Subprime?
The National Consumer Law Center (NCLC) said today that reverse mortgages could be the next subprime...
Asian Central Banks Step Up Forex Intervention
While no goverment has verified the claims, traders in the region suspect several Asian banks have "...