Euro Crisis
Euro Roundup: IBM Blindsided in Euro, Dollar, Gold Fracas
Valuations of gold, the Euro, the U.S. dollar, and International Business Machines have become tangled in quite a sticky web. The Euro has been coming on strong lately no matter how you look at it, perhaps too strong for its own good. Too much appreciation could hurt Eurozone exports by making them more expensive to [...]
Posted in Commodities,FOREX,Featured | Read More »
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Yen Capitalizes on Global Insecurity
While much attention has been focused on the ups and downs of the Euro in recent months, the Yen has gained ground on both the Euro and the U.S. dollar. Recent currency prices show both the Yen and the Euro pushing the dollar around. One perennial driver of Yen buying is the desire to move [...]
Posted in FOREX,Featured | Read More »
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Today the euro went on an all out rampage. Here are some of the top takes on the wild fire: Zero Hedge: What The Hell Was That? Think Big: Dollar, Euro Break 50-Day Moving Averages L.A. Times: Midyear market shift: Dump the dollar, buy the euro, sell gold Ticker Sense: Don’t Forget About the Euro [...]
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Dollar Weakness Just Fine, Thanks…
The sovereign-debt related decline in the Euro against the U.S. dollar notwithstanding, it is extremely unlikely U.S. policymakers will agree to a stronger dollar policy for the foreseeable future. Although European nations desperately need a weaker Euro to ease the severe economic pressures brought about by the sovereign debt crisis and austerity measures, the U.S. [...]
Posted in FOREX, Top Stories | Read More »
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Stiglitz: Euro Will “Muddle Through”
Longtime Euro skeptic and Nobel Laureate Joseph Stiglitz came out today with what must be the most underwhelming vote of confidence ever seen for a currency. From BusinessWeek: “European leaders will do“everything to save the euro and they will muddle through,” says Stiglitz.. in an interview in Stockholm today. “Europe is likely to go through [...]
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Dollar Fizzles as China Smooths Debt Concerns
Information from China chilled the U.S. dollar Thursday but brought sighs of relief to at least some regions of Europe [...]
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