Archive for 2009 us dollar forecast

Federal Reserve’s 5 Step Exit Strategy

According to the minutes from the April Federal Reserve monetary policy meeting, here is the 5 step exit strategy that policymakers prefer at this time:
1) End QE2 in June
2) Stop reinvestment some time this yr
3) Remove the “extended period” language in Q4 or early 2012
4) Raise interest rates
5) Start selling assets in 2012/2013
Nearly all of [...]

Dollar will Stabilize when Yields Stop Falling

Saying the U.S. dollar is falling out of bed would almost be an understatement given the recent price action in the greenback. Over the past three months, the dollar lost more than 10 percent of its value against the euro, Swiss Franc and Australian dollar. Since July, every one of the G10 currencies [...]

How Far Can USD/JPY Fall?

The U.S. dollar fell to a 7 month low against the Japanese Yen this morning following another barrage of weak economic data. Consumer prices fell, foreign inflows decreased and the UMich consumer confidence survey dropped to the lowest level since August 2009. On FX360.com, I talked incessantly in my daily report about how [...]

Impact of New Japanese Prime Minister on Yen

Japan announced a new Prime Minister this morning – Naoto Kan. Hopefully he will have better luck than his 4 predecessors who resigned with only a year or less in service.
Resignations by Prime Ministers can have a significant impact on the country’s currency because its performance reflects investor sentiment. Forex traders typically [...]

Video: What to Expect from ECB, BoE and Non-Farm Payrolls

I was on Fox Business this afternoon talking about the overstretched positions in the euro and British pound as well as the outlook for the ECB, BoE and Non-farm payrolls report
If the video doesn’t load, watch it here Kathy’s Fox Business Interview
Watch the latest business video at video.foxbusiness.com

Bloomberg Interview on U.S. Dollar

I was on Bloomberg TV before the rate decision talking about the outlook for the U.S. dollar. Enjoy!
Here is my Instant Insight to the FOMC Announcement.

U.S. Bank’s Exposure to Dubai

I was on Fox Business this morning talking about U.S. bank’s exposure to Dubai and the significance of the whole Dubai debacle on the world
Watch the latest business video at FOXBusiness.com

CNBC Interview: Outlook on U.S. Dollar

I was on CNBC last night talking about the FOMC minutes and the outlook for the U.S. dollar and Australian dollar

What Could Turn the Dollar Around?

I was on Fox Business earlier this afternoon talking about what could turn the dollar around.
Watch the latest business video at FOXBusiness.com
Here is a chart showing how G7/G8 (which is now G20) finance ministers and central bankers meeting has coincided with major tops and bottoms in the EUR/USD. I’ll have more on that soon [...]

Aussie and Kiwi Not Overvalued

I was on CNBC tonight talking about why I believe the Australian and New Zealand dollars are NOT overvalued. On FX360.com I published an article talking about the relative Purchasing Power Parity values of the major currencies and how undervalued the U.S. dollar really is. Enjoy!