Automakers Say They Need Funding Now
Dec 3rd, 2008 | By Chuck Butler | Category: Financial News, US Dollar & Forex TradingCurrencies trade in a tight range… China… Commodity prices to blame… “Safe” Treasuries? And Now… Today’s Pfennig!
Posts Tagged ‘ Chinese Renminbi ’
The Deed Is Done
Oct 6th, 2008 | By Chuck Butler | Category: US Dollar & Forex TradingThe House, which had previously voted down the Bailout Package, decided to go ahead and put the country in debt by another $700 Billion… Yes, I know it the payouts will be in installments, but in my mind it was in one swoop that $700 Billion was added to our debt… And guess what? The dollar rallied on the news!
Chuck Butler’s Currency Round-Up
Jul 8th, 2008 | By Chuck Butler | Category: US Dollar & Forex TradingCarry trade unwinds for Japanese yen and Swiss franc… Brazilian real boosted by inflation?… Chinese renminbi still on the rise..
Fed Rate Cut Countdown
Apr 30th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsAll eyes are on Ben Bernanke and the Federal Reserve today, the big question being: Will there be another Fed rate cut?
Just about everyone is predicting another rate cut, but will this rate cut be the last for a while?
CNN says “trading in futures markets predicts the Fed will cut its key fed funds overnight lending target by a quarter-point, to 2%, and hold the line there in coming months.”