by Forex Gump | 7 years ago | 2:48 PM | 30 Jul 2006
According to the Fed Reserve Bank of Cleveland, here are the current market predictions for what the Fed will do during their August FOMC meeting: Notice on 06/26/06, there was a 90% probability that the Fed would hike rates to...… More…
by Forex Gump | 7 years ago | 9:52 PM | 23 Jul 2006
According to the Lundberg Survey, the US average for self-serve regular gasoline stood Friday at three dollars, one and a-half cents ($3.015). A gallon of mid-grade gasoline averaged around $3.12, and premium at nearly $3.22. The survey of seven-thousand gas...… More…
by Forex Gump | 7 years ago | 8:51 PM | 10 Jul 2006
Last Thursday, the dollar shot up because the private payroll processing firm ADP released their employment citing a ridiculous gain of 368,000 jobs for the month of June. This sounded all gravy until the real deal non-farm payrolls report came...… More…
by Forex Gump | 7 years ago | 7:50 PM | 02 Jul 2006
It is still all about interest rates in the market right now so that's what I'll keep talking about. The downward adjustment to US interest rate expectations will weaken the dollar in the near term as the market expects an...… More…