Friday, November 21st, 2008

Posts Tagged ‘ RBNZ ’

Jawboning the Dollar Higher

Jun 5th, 2008 | By Chuck Butler | Category: US Dollar & Forex Trading

Come on, do you really believe the Fed is going to raise rates now, or in the near future with the economy teetering on the edge of a deep dark recession? Not a snowball’s chance in you know where! So, that leaves us with jawboning.



Reigniting Fears

Jun 2nd, 2008 | By Chuck Butler | Category: International Investing

There’s been a return to risk aversion overnight, as some news from the United Kingdom has reignited the fears that the banks may still be sitting on a ton of bad debt… Of course, as Pfennig readers, you already know this…



London Traders Buy Dollars

May 27th, 2008 | By Chuck Butler | Category: US Dollar & Forex Trading

The euro hit 1.5820 overnight in Asian trading, but has seen that move erased during the London trading session… I don’t know what the Londoners know that the Asians don’t with regard to euros.



I Love it When a Plan Comes Together!

May 15th, 2008 | By Chuck Butler | Category: International Investing

There’s no two ways about it folks. Inflation is a baaaaaaaaaddddddd thing… And I believe we will all rue the day that the Fed turned its back on inflation here in the United States. But Hey! That’s just me!



Hoenig Talks Inflation

May 7th, 2008 | By Chuck Butler | Category: International Investing

Fed Head Hoenig has thrown a cat among the pigeons this morning by stating that ‘inflation pressures may spur a rate rise by the Fed.’ Hmmm, is he serious, or just blabbering some currency intervention.



IFO Pushes the Euro Lower

Apr 24th, 2008 | By Chuck Butler | Category: US Dollar & Forex Trading

German Business Confidence…came out softer than expected in April, falling from 104.8 in March to 102.4. That was quite a tumble in business confidence, and apparently wipes out the previous three months of stronger confidence.