Post Tagged with: "Stimulus Package"
Lifting Inflation Goals? Bernanke Hints Awful US Situation
Ben Bernanke talks about adding more stimulus steps if necessary, and mentions a surprising option of lifting inflation goals to boost the economy. While he said this step doesn’t have support in the FOMC, the fact that he even mentioned it is a big surprise. This is his subtle way of saying that the situation
Healthcare Reform Weighs on the US Dollar
The healthcare reform passed the final hurdle in the American House of Representatives. I’m not going to enter the heated debate about the reform – I’m just going to deal with the implications for forex trading. There are different sides to this story
The Road To Recovery is Narrow
After a few long weeks of good news from the American economy, this week’s figures have given a blow to the hopes of recovery. What does this mean for the US dollar? Non-Farm Payrolls, the single top rated indicator, was better than expected, showing a fall of “only” 539K jobs in April. This was the
8 Reasons why Non-Farm Payrolls will be Better
Some American figures have shown improvement in the past month. Also economists have expressed optimism. This should be reflected in the upcoming Non-Farm Payrolls? April’s NFP could be better than expected. The dollar will feel it. There are several economic indicators that show that the American economy is improving, or at least stabilized. Hope for America
Inflation? Not So Soon…
Germany’s Finance Minister is worried the world may face an inflation crisis. Up to now, prices are just going down in this crisis. This week’s inflation figures across the world can tell us if this prices are moving, and if interest rates will change a direction. Peer Steinbrueck, Germany’s Finance Minister says that the current crisis is
G20 Verdict: To Spend! Dollar Falls
G20 Summit in London is set deliver results – increasing the IMF’s budget to $750 billion and to tighten regulation. This dollar spending and these hopes of world economic revival hurt the dollar, and hurt the Yen even more. Contrary to early expectations, the leaders of G20 are getting closer and might deliver significant results.
Continued American Housing Doesn’t Help The Dollar
Housing data in the US continues to shine, with Pending Home Sales showing strength and surprising. But the markets have their heads in the next two days: G20 Summit and NFP. Tension is high… Pending Home Sales have been very positive: A rise of 2.1%, compared to early expectations of 0.2%. Comparing to last month, it
G20 Summit – To Spend Or Not To Spend?
The G20 summit is due on Thursday. The US and the UK tend to call for a global stimulus plan while Germany wants to slow down. Will money be spent? Who will spend? And how will the forex market move? Heads of state from the top 20 industrialized nations are getting together in London, on
Top 5 Dollar Downers
Here are 5 major macro economic reasons that weigh heavily on the US dollar: Obama’s stimulus package – spilling lots of money into the economy – devaluation of the dollar. FOMC Statement – Printing $1 trillion dollars instantly – dollar devaluation yet again. Toxic Asset Plan – Geithner’s plan will come mostly from the public
Toxic Asset Plan – Toxic for the Dollar
Timothy Geithner is due to present the plan to relieve US banks from toxic assets. While this is intended to be a Public-Private plan, funding this scheme may, yet again, result in printing US dollars – sending the greenback down. It already happens now, before the announcement. US Secretary of Treasury, Timothy Geithner, is due