Archive for November, 2009
Next Entries »Kiwi Flys South!
Thursday, November 5th, 2009The New Zealand dollar, otherwise known as the Kiwi, is the biggest loser of the morning so far. Unemployment in New Zealand is at the highest its been since 2000, to 6.5%. Reserve bank governor Bollard said that the nation’s recovery would be at a slower pace than Australia’s.
The Kiwi, a flightless bird, is down […]
FOMC Rate Decision at 2:15 EST!
Wednesday, November 4th, 2009Well here comes Bernanke again, who seemingly has become more of an English professor than an economist. Why do I say that? Well, all ears today will be on whether or not Bernanke is committed to keeping interest rates low for an “extended period”.
So basically, the market is waiting to hear those 2 magic words: […]
Aussie Trade Getting Crowded!
Monday, November 2nd, 2009Well it looks like everyone is starting to catch on to the Aussie trades I have been trumpeting for weeks. Here’s a good take from Bloomberg about all of the reasons why this trade makes so much sense. Why do I bring this up?
Well, tommorrow its expected that Reserve Bank of Australia (RBA) is going […]
Blog Review at DailyForex
Monday, November 2nd, 2009I just wanted to take a moment to thank Hillel at DailyForex for taking the time to review my blog. I guess my Mom is not the only one who thinks I’m pretty great LOL! All kidding aside, you can read the review here.
One thing I did want to note about the review is that […]