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[23 May 2007 | No Comment | ]

By DailyFX – Domestic consumption is undoubtedly the New Zealand economy’s bread and butter. However, international trade is clearly a main artery in its own…

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[22 May 2007 | No Comment | ]

By DailyFX – Dollar Stronger Ahead of China-US Summit in Washington With absolutely no economic data on the schedule, the US dollar showed unabashed strength…

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[22 May 2007 | No Comment | ]

Economic News – USD.Yesterday the greenback held firm at around 3-month highs against the JPY and surged towards the 1.3454 level versus the EUR.
The currency…

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[15 May 2007 | No Comment | ]

What we call here a Black Swan (and capitalize it) is an event with the following three attributes. “First, it is an outlier, as it…

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[15 May 2007 | No Comment | ]

The Fed's Open Market Committee yesterday repeated its assessment from March 21st that persistent inflation remains the predominant policy concern.

Interest rates were held at 5.25%….

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[14 May 2007 | No Comment | ]

By DailyFX – Dollar Rises Against Yen, But Slips against Euro: Why is there such Divergent Price Action? When talking about US dollar strength…