International Business Times

US Dollar Fundamental View

US Durable Goods Boost Sentiment, But Claims and New Home Sales Softish

Equities and commodities were higher in the Thursday trading session as we continue to have the spillover effects and positive risk sentiment from the Fed's decision yesterday to keep interest rates steady for longer.

By Nick Nasad | Jan 26, 2012 | FX Times

Schiff Statement on Fed

With its announcement today that it will keep interest rates near zero at least until late 2014, the Federal Reserve has put another large crack into the foundations underlying the US dollar. Not surprisingly, precious metals and foreign currencies rallied strongly on the news - with gold up more than 2.6% and the dollar index down nearly half a percent in the wake of the announcement.

Jan 26, 2012 | Euro Pacific Capital

USD Slides Sharply as FOMC Extends Pledge to Hold ZIRP Through Late 2014

From FOMC Statement: "To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy.

By Nick Nasad | Jan 26, 2012 | FX Times

The Fed is Unwilling and Unable to Fight Inflation

Before the Great Recession began in December of 2007, the M2 money stock was $7.40 trillion and the monetary base stood at around $800 billion. Therefore, the ratio between M2 and the monetary base was about 9:1. But now, thanks to Bernanke and his comrades at the Federal Reserve, the monetary base now stands at $2.7 trillion.

By Michael Pento | Jan 25, 2012 | Michael Pento

Preview: FOMC – New Communication Tool at Center of Attentio

While not much changes is expected to the general language from the previous FOMC statement we will get the "historic" introduction of a new communication tool by the FOMC in which the forecast for interest rates of each member will be put forward as part of the quarterly FOMC figures. This should give a clearer understanding to the market of where each member sees interest rates headed.

By Nick Nasad | Jan 25, 2012 | FX Times

Australian Dollar Outlook - 24 January 2012

Bell FX Currency Outlook: The AUD has risen to a 3 month high overnight, hitting USD 1.0570, as renewed optimism out of the European region sees an increase in demand for the riskier AUD.

By Christine Gaylican | Jan 24, 2012 | IBTimes AU

Australian Dollar Outlook - 20 January 2012

The Australian Dollar has opened firmer against the greenback trading back above USD1.0400 after seeing a low of USD1.0368 overnight.

Jan 20, 2012 | Bellfx

Australian Dollar Outlook - 19 January 2012

Bell FX Currency Outlook: The Australian Dollar remains above USD 1.0400 as US equity markets ground higher following the release of sound US economic data and plans by the IMF to bolster funds for bail-out requirements.

By Christine Gaylican | Jan 19, 2012 | IBTimes AU

4 Key Stories in Today’s Session – World Bank, IMF, Portugal, Greece

The World Bank warned that 2012 will be a rough one, and warned developing nations to "prepare for the worst" and that the potential for a global crisis similar to 2008-2009 is evident in the euro-zone sovereign debt crisis situation.

By Nick Nasad | Jan 18, 2012 | FX Times

Investors Seem To Be The Proverbial Deer In The Headlights.

Investors seem to be the proverbial deer in the headlights. Just staring into the abyss while death and disaster strikes. The warning signs are there, hell, they are shouting from every roof top, but investors seem to be fixated.

Jan 18, 2012 | FXEmpire

Preview: Treasury International Capital Report – Judging Foreign Demand for US Debt

Release: US TIC Long-Term Purchases (Nov) Consensus Forecast: $27.3B Previous: $4.8B Date/Time: 1/18/12 9:00AM ET (13:00 GMT)

By Nick Nasad | Jan 18, 2012 | FX Times

Preview: UK CPI – GBP/USD at Precipice as More QE Expected

Release: UK CPI y/y (Dec) Consensus Forecast: 4.2% Previous: 4.8% Date/Time: 1/17/12 4:30AM ET (9:30 GMT)

By Nick Nasad | Jan 17, 2012 | FX Times

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