Forexperts Archives

The Week Ahead - Oct 10

In last week's report, I held out the prospect that the US government rescue package might result in a change in sentiment in financial markets and signal the start of the healing process. I also noted "The major risk to this outlook is that I am premature and there is a final spasm of market p... (Oct 10, 2008 6:49PM)

The Week Ahead - Out 3

The Rescue Package passes, finally; will hope emerge? After an ugly balk on Monday, the US Congress has passed the Troubled Asset Relief Program (TARP). The main thrust of the legislation is to allow the US Treasury to buy illiquid mortgage-backed securities (MBS) from banks and other financial in... (Oct 03, 2008 5:34PM)

The Week Ahead - Sept 26

What to look for in the week ahead The Week Ahead updated September 26, 2008 • Waiting on the TARP package • Near-term outlook for the Buck • US outlook dims, but others fading faster • Key data and event to watch next week Waiting on the TARP package "Don't worry about the mule b... (Sep 26, 2008 6:09PM)

The Week Ahead - Sept 19

Oww! My head hurts. A lot has happened in the course of the past week and like many in the market I'm having some difficulty getting my head around what has happened and what it means going forward. (Sep 19, 2008 5:22PM)

The Week Ahead - Sept 5

So much for the period of consolidation I was expecting last week. The USD surge has continued and the persistence of USD price gains remains as forceful as the early phase of the USD rebound. (Sep 05, 2008 6:27PM)

The Week Ahead - Aug 29

The USD largely consolidated its recent gains this week, but not before making marginal new highs against the most beleaguered currencies (EUR, GBP, and AUD). Data continued to come in showing further deterioration in both current conditions and future outlooks in the UK and Europe. (Aug 29, 2008 5:08PM)

The Week Ahead - Sept 25

The USD made fresh new highs early in this past week, but was unable to sustain the gains and a consolidation phase appears to be setting in. The economic fundamentals largely supported those moves, with European data largely coming in steadier than expected and US data presenting worrisome elevated... (Aug 25, 2008 11:50AM)

The Week Ahead - Aug 16

Last week's USD break higher has been confirmed by further gains this past week, while pullbacks have been exceptionally minimal. The speed and size of the move caught many in the market off guard, and while many analysts have already started with the 'too far, too fast' routine, I wo... (Aug 16, 2008 1:21PM)

BOE/ECB Preview

We look to be short EUR/USD going into the decision/press conference and to add on bounces into the 1.5450/80 and 1.5500/30 areas. Both the BOE and ECB are likely to keep rates on hold, which (Aug 06, 2008 3:18PM)

Research Note: US FOMC Preview

(Monday, August 4, 2008) We expect the Fed to stay on hold when they announce their interest rate decision on Tuesday, Aug. 5 at 1415EDT/1815GMT, which is also the consensus market expectation. The FOMC statement is likely to retain much of the same language as the June statement, so this may turn i... (Aug 05, 2008 12:40PM)

The Week Ahead

It’s official: The US economy is ‘less crappy’ than the rest of the G7 To use a technical economic term, the US economic outlook is decidedly ‘less crappy’ than the rest of the other G7 economies. (Aug 04, 2008 10:00AM)

Research Note: July US Employment Preview

We expect the headline NFP report to match consensus expectations of a -75K job loss, but look for the unemployment rate to increase to 5.7%, more than the market's expected increase to 5.6% from 5.5%. Perhaps counter-intuitively, we view such a NFP report as an opportunity to buy the USD on an... (Aug 01, 2008 8:53AM)

Sandy Jadeja

Sunil Mangwani

Hans S. Nilsson

Darrell Jobman

• Michael Woolfolk, economist at Bank of New York
• Thomson Financial News - "The dollar appears set for a period of renewed stability in 2008 as long as interest rate differentials and the US credit crisis do not deteriorate any further." Michael Woolfolk

• Katarzyna Zajdel-Kurowska, polish deputy finance minister
• Thomson Financial News - "The biggest threat for inflation next year remains fuel prices and rising global demand for agricultural produce. We can, however, assume that together with a likely fall in food prices in the second half of next year inflation will start to fall. It is clear that the recent rise in inflation is due chiefly to ri... Katarzyna Zajdel-Kurowska

• Robert Brusca, economist at FAO Economics
• Reuters - "This is still a big deficit even though we had some modest reduction. Some of that progress is due to the fact that imports have been restrained and the economy is weakening." Robert Brusca