The poorly understood, if nothing less than spectacular, center piece of Chinese trade policy with the United States has for years been the yuan-dollar exchange rate. If China had not been “pegging” the yuan against the dollar (and …

Original post by Dark Wraith

Banks unable to sell complex financial paper The volatile Wall Street market has sparked vast losses at major banks and has also exposed the trillion-dollar trade in mortgage-backed securities, corporate and … via Australian News

Original post by Australian News

Pretty wild week ahead. We already have some serious moves on all currency pairs on Sunday, and we could see some major fireworks this week. JP Morgan buying Bear Sterns for a value of $2 doesn’t help the US ecnomy one bit. …

Original post by Rich

JP Morgin Chase bought Bear Stearns for 270 million at 2 a share compared with 30 at the close on March 14. The central bank will provide financing for the transaction, including support for as much as 30 billion of Bear Stearns’s …

Original post by Edwin FX

US FED SAYS LOWERS DISCOUNT RATE BY 25 BPS TO 3.25%, EFFECTIVE IMMEDIATELY.

Original post by Edwin FX

The GBPJPY opened below the 50% retracement level of the move higher from the low in September 2000 to the high in July 2007. That level comes in at 199.64 (251.09 high, 148.19 low). The pair opened today at 199.86 and moved lower …

Original post by Greg Michalowski

The US dollar continued its move lower in early Far East trade (except against the GBPUSD), gapping against the major currency pairs. USDJPY gapped lower from the Friday close of 99.32 - reaching a low of 98.06. …

Original post by Greg Michalowski

Forex Video News: Market Outlook for Monday March 17th 2008 - Info on the weeks big releases. Be sure to review this video. read more.

Original post by Greg Michalowski

Someone is saying to the Bushonian Cabal that — You’ve got to start servicing this debt because we, foreign central banks, are in nations - European and Asian - whose reserves are now nearly exhausted. Who could be putting that kind of …

Original post by Mr A

Four years ago, an academic economist named Ben Bernanke co-authored a technical paper that could have been titled “Things the Federal Reserve Might Try if It’s Desperate” - although that may not have been … via Indiana Gazette Online

Original post by Indiana Gazette Online