Videos
TV Interview on Recently Released Data
January 7, 2010
Hear me talk about how the dollar reacts to U.S. employment reports with Julie Sinha of ForexTV. I also discuss the implication of other recently released G-7 economic data. Copyright Larry Greenberg 2010. All rights reserved. No secondary distribution without express permission. More
Deeper Analysis
U.S. Non-Farm Payroll Jobs and the Dollar
January 7, 2010
The monthly U.S. jobs report is arguably the most newsworthy economic data release and in theory carries the potential to move the dollar strongly. Ordinarily, one would expect a weak report, meaning one in which employment does not expand much or expands less than analysts forecast, to depress the dollar, and vice versa. However, the […] More
Central Bank Watch
Bank of England Policy Left Unchanged
January 7, 2010
The Bank of England’s policy announcement at 12:00 GMT today sprung no surprises. The Bank Rate remains at 0.5% where such has been since a 50-bp cut last March. The asset purchase program ceiling of Gbp 200 billion was not changed has one further month to get completed. A statement from the Monetary Policy Committee […] More
New Overnight Developments Abroad - Daily Update
A Soft Yen Policy From the New Japanese Finance Minister
January 7, 2010
In his first press conference, Japanese Finance Minister Kan talked about coordinating with the Bank of Japan to achieve a softer and “more appropriate” yen level. This stance contrasts with the strong yen aspirations of Kan’s predecessor. Stock and bond transactions generated a Y 199 billion inflow last week after a Y 93 billion outflow […] More
