FreshPips.com / User / dooly / Voted

Dow at 10,000 Could Mean Dollar/Yen at 100

posted by JayP 1348 days ago in USD, JPY, Daily made popular 1348 days ago

On Friday, the idea of the Dow hitting 10,000 seemed to be a remote possibility, but today, that is starting to become a reality. We have warned on a near daily basis about the danger of carry trades. Although the EUR/USD’s reaction to the system

Discuss

Oil prices sink briefly under $90

posted by fxhottie 1348 days ago in USD, Fundamental, Oil made popular 1348 days ago

World oil prices dipped briefly beneath 90 dollars a barrel Tuesday on growing economic gloom that was likely to further dampen demand for energy in the months ahead, traders said.

Discuss

Market looks for a rate cut, but it's not certain

posted by pipsmgee 1348 days ago in USD, Fundamental made popular 1348 days ago

Financial markets are betting on an interest-rate cut by the Federal Reserve some time this month, but it's not certain that the central bank will deliver it at Tuesday's regularly scheduled meeting of its rate-setting panel.

Discuss

Investors On Edge Tuesday Morning Ahead of Fed Rate Call; Fi

posted by gonepippin 1348 days ago in USD made popular 1348 days ago

US stocks were indicated to open slightly higher Tuesday morning in New York, but investors remained extremely anxious after Monday’s massive sell-off was sparked by turmoil in the financial sector. Against the backdrop of Lehman Brothers’ demise

Discuss

Gold, Silver Gain as Investors Seek Haven From Market Turmoi

posted by sheryl 1349 days ago in Gold made popular 1348 days ago

Gold rose after Lehman Brothers Holdings Inc. sought bankruptcy court protection, sparking a plunge in equities and reviving demand for the precious metal as a haven from market turmoil. Silver also gained.

Discuss

Fed sets initiatives to limit market disruption

posted by dooly 1349 days ago in USD, Fundamental, Special made popular 1348 days ago

With Wall Street scrambling to contain a financial crisis, the Federal Reserve on Monday assembled a series of emergency tools to head off panic, expanding its loan programs and accepting a broader range of collateral for its loans.

Discuss

Weak Economic Signals Increase Fed's Dilemma

posted by JayP 1349 days ago in USD, Fundamental, Employment made popular 1349 days ago

Hopes of a return to trend-like growth are becoming more of a pipe dream. Barring trade that has had a rejuvenating effect on growth, there is nothing that the economy can boast of. Consumers, who drove two-thirds of the economic activity in the

Discuss

My Advice: Stay Out of This Forex Market for September 15th

posted by thegearedinvestor 1349 days ago in EUR, AUD, Weekly made popular 1346 days ago

The US stock market is absolutely crazy right now before the bell rings. I'm not going to get into all of the financials that we all know are going on, which include the acquisition of Merrill Lynch by Bank of America. Hear the reasons why to s

Discuss

Lehman Spelling Trouble for the Dollar and Carry Trades

posted by trade2win 1349 days ago in USD, Fundamental made popular 1346 days ago

The US dollar dropped like a rock at the open of the Asian trading session on Sunday. It has been a long weekend for US government officials and the leaders of Wall Street banks.

Discuss

Atlanta Fed's Lockhart sees inflation peaking soon

posted by dooly 1367 days ago in USD, Fundamental, Inflation made popular 1366 days ago

The president of the Federal Reserve Bank of Atlanta came down squarely Wednesday on the side of Fed chief Ben Bernanke, who has argued that inflationary pressures should ease in coming months.

Discuss

Euro extends recovery, lifted by ECB rate talk

posted by lovethefx 1367 days ago in EUR, Fundamental made popular 1367 days ago

The euro rose on Thursday, adding to its recovery from a six-month low against the dollar a day after comments from European Central Bank policymakers dimmed speculation that its next move on interest rates would be a cut.

Discuss

Metropolitan Areas Continue to See Higher Unemployment In Ju

posted by dollardude 1367 days ago in USD, Fundamental, Employment made popular 1367 days ago

Wednesday morning, the Department of Labor released its report on metropolitan area employment in the month of July, showing that unemployment continued to increase in a vast majority of the nation’s metropolitan areas.

Discuss