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As gas prices go down, so will food, right? No

posted by Avatar ooogleemooglee 1375 days ago in USD, Consumer made popular 1375 days ago

As prices for crude oil and other commodities ease, Americans have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter.  read more
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NZ Economy sound despite finance company collapses

posted by Avatar ooogleemooglee 1375 days ago in NZD, Fundamental, Special made popular 1375 days ago

The New Zealand financial system remains fundamentally sound and is working well despite high profile meltdowns of several finance firms, says the Reserve Bank.  read more
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Dollar Falls on U.S. Manufacturing Slump, Credit-Market Loss

posted by Avatar ooogleemooglee 1375 days ago in USD, EUR, JPY made popular 1375 days ago

The dollar fell to a one-week low against the yen on speculation a manufacturing industry contraction and credit-market losses will prompt the Federal Reserve to hold off from raising interest rates.  read more
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Economic Report Summary: Housing Market Getting Worse

posted by Avatar ooogleemooglee 1385 days ago in USD, Fundamental, Housing made popular 1385 days ago

Rising prices and sluggish income growth along with soaring initial jobless claims highlighted the week's economic reports. Stocks and bonds ended with the S&P 500 Index up 2.9 percent to 1,296 (for a year-to-date total return of –10.9 percent) a  read more
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Oil, Gold Plummet: Time to Get Cautious About Dollar Bears

posted by Avatar ooogleemooglee 1385 days ago in USD, Gold, Oil made popular 1385 days ago

"Bad news from the Baku-Tbilisi-Ceyhan pipeline - an installation that may not normally draw much of your attention," writes Martin Vander Weyer in thye U.K.'s Telegraph, "but which is a throbbing artery of global energy supply, carrying vital oi  read more
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Dollar's Up, Oil Is Down: But Why?

posted by Avatar ooogleemooglee 1385 days ago in USD, Fundamental, Oil made popular 1385 days ago

TV pundits continue to say that the dollar is up because oil is down, while others say that oil is down because the dollar is up. Each of these statements are like saying that I walked to the store and my right foot got there at about the same ti  read more
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Long Term, Gold Is On Its Way Down

posted by Avatar ooogleemooglee 1385 days ago in Gold made popular 1385 days ago

I figure this article upsets the apple cart in the gold bug community but, gold is worth looking at. After all, if it rallies or falls, someone is talking about it, various stocks and sectors respond to it and enough chatter follows. On Friday, i  read more
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Chicken and Egg: A Currency Called the Oil/Dollar?

posted by Avatar ooogleemooglee 1385 days ago in USD, Oil made popular 1385 days ago

The old “Which came first: The chicken or the egg ?”debate has turned into “Does oil effect the U.S. Dollar or does the Dollar strength (or lack thereof) drive oil prices?  read more
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Japan: Recession All but Certain

posted by Avatar ooogleemooglee 1385 days ago in JPY, Fundamental, GDP made popular 1385 days ago

In my last note on Japan, I asked how much longer Japan could continue to fight off the incoming recession faced with a continuing shaky outlook on exports as well as a domestic economy steadily slowing down. Well, it seems as if the answer to th  read more
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Currency Pair Overview: Dollar Gains as Commodities Fall

posted by Avatar ooogleemooglee 1385 days ago in USD, Sentiment, Metals made popular 1385 days ago

Sentiment has apparently turned heavily towards the dollar's favor, as the world seems to be turning to the greenback and away from commodities. The Reuters/Jefferies CRB Index fell to a four-month low, as projections of slower economic growth le  read more
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Stronger dollar pushes commodities lower

posted by Avatar ooogleemooglee 1385 days ago in USD, Gold, Oil made popular 1384 days ago

Traders are braced for heavy falls in oil and commodity prices this week, heralding the end of the so-called commodities boom, after the US dollar posted its biggest one-day gain against the euro for eight years on Friday.  read more
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Dollar Gain Signals Pain as Rally Prompts Exit From Bulls

posted by Avatar ooogleemooglee 1385 days ago in USD, EUR, Fundamental made popular 1384 days ago

ust because the dollar posted its biggest gain against the Euro in almost eight years doesn't mean the U.S. currency won't continue to be plagued by the nation's slowing economy, widening budget and trade deficits and negative inflation-adjusted  read more