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Foreign Exchange

Bobbys Corner-Open Market-Oct.10.2012

Good Morning:

A fairly lackluster overnight session-with the majors showing no real activity.

Fitch Ratings commented that the US fiscal cliff, EU crisis, and a potential “hard landing” for the Chinese economy will be
a risk to the global economy.  Thanks-I think we knew that!

Bobbys Corner-Open Market-October 14.2011

Good Morning:

FX markets prepare themselves for this weekend’s G-20 meeting, and expectations are high that the Euro Zone will come up with a meaningful monetary plan to deal with the regions sovereign debt issues.

Bobbys Corner-Open Market-Aug.5.2011

Good Morning:

FX markets are very nervous ahead of this morning’s NFP and employment data.
The consensus is for non Farm Payrolls to be up 85K.  This may not be enough to have the 9.2% unemployment rate fall.

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